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26 May 2024 | 4 replies
Short term rentals usually price best 65-70% loan to value but if the cash flow is very strong to support a higher rate up to 80% is still possible these days (not common though).Best of luck.
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25 May 2024 | 7 replies
It is going to be a VARIABLE rate and is typically higher than a cash out refinance.
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26 May 2024 | 16 replies
I have no idea about occupancy rates, management fees etc.
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25 May 2024 | 17 replies
I would bet good money that they are paying below market rates.In case you missed it: get rid of them.Spruce the property up, study the market to determine a fair market rate, and find a renter that is willing to pay the market rate, pay the deposit, and abide by your agreement.Not everyone is cut out to be a good landlord.
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25 May 2024 | 18 replies
Here's a bit more in detail about how rates are calculated for DSCR loans:1.
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27 May 2024 | 28 replies
I might start by calling my insurance agent and asking how this will affect my culpability, not to mention rates.
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26 May 2024 | 3 replies
If that is the case, you will most likely have to use more of an “investor” loan product, which will have a higher rate associated with it.
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23 May 2024 | 6 replies
I'm aware of the vacancy rate being 6% in the SFR industry but I was wondering what percentage of units go on the market every year from your portfolio.
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25 May 2024 | 3 replies
As we all know, the market is crazy right now with rates and all but I have been wanting to start investing.
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25 May 2024 | 5 replies
Right now I know the interest rate is high and all.