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22 January 2025 | 10 replies
.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
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17 January 2025 | 3 replies
DSCR loans typically take 21 days to close.
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23 January 2025 | 8 replies
We typically do 4-5 years interest only while paying down the principle balances over time.
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18 January 2025 | 11 replies
Mortgages for LLCs with personal credit under 680 are tough and expensive, and under 640 are typically not really economically practical for the borrower.
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16 January 2025 | 78 replies
Companies typically last only ten years on average.
14 January 2025 | 7 replies
Meaning, the bank wants to see that a property cash flows for typically one to two years of tax returns before they count it as income.
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15 January 2025 | 3 replies
Typically, higher income areas have lower crime, more amenities, better schools.
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19 January 2025 | 8 replies
Spreads between conventional loans are typically 100-150 bps of the loan amount.
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23 January 2025 | 7 replies
Just curious, what is a typical LTV I can draw up to with a HELOC on primary and investment property?
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29 January 2025 | 9 replies
When you leave, a duplex will typically generate more cash flow as a long term rental than a single family home.