
17 July 2024 | 10 replies
DSCR for these sort of loans right now is 25% down, 30-year amortization, with a rate around 7%, depending on the lender and deal.

18 July 2024 | 11 replies
I am also self employed and only have one year tax return non w 2 so I also did dscr loans for first few and then fix and hold loans.

16 July 2024 | 33 replies
I have an escrow account that I fund with over $5,000/month to cover tax and insurance payments due across the year.

18 July 2024 | 4 replies
Depending on the condition of the property, $1500-$1600/month per unit on a duplex is reasonable.
19 July 2024 | 4 replies
Depending on your experience you'll likely be somewhere between 75% - 90% of the purchase price and possible up to 92.5% if you have lots of experience as well as experience in the area.

18 July 2024 | 4 replies
I learned this one from (now disgraced) real estate mentor John BeckWhat John used to do was go to tax auctions, and buy the odd, probably worthless lots nobody wanted.

21 July 2024 | 35 replies
Property taxes are the final nail in the coffin.

19 July 2024 | 2 replies
You'll want to do research on how much of the interest, if any, is deductible, because taxes also matter to me.

19 July 2024 | 0 replies
I intend to sell one my single family homes (which I can avoid taxes on with the 2/5 primary residence clause) to obtain the needed capital.

16 July 2024 | 3 replies
I claimed about $30,000 in depreciation on my tax return during the rental period.