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25 April 2024 | 5 replies
Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.
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24 April 2024 | 49 replies
A DSCR loan will usually require a 1.2 debt service ratio, so with that you should be break even or better.
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25 April 2024 | 9 replies
With conventional, this would mean you would be paying 6-9 months of high-interest rate debt before you can pull cash out.
23 April 2024 | 8 replies
Include not only the mortgage payment but also taxes, insurance, property management fees (if applicable), maintenance costs, vacancy allowance, and any planned capital improvements.
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24 April 2024 | 3 replies
Rates just dropped Monday after a bad 2 weeks so its a good time to pull the trigger.Multifamily rentals pay off in the loan run so its never a bad investment on a cash flowing property that will debt service itself and grow in equity.
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25 April 2024 | 209 replies
Question is, if buyers closing costs will be universally accepted as including buyer broker fees.
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26 April 2024 | 145 replies
Cleaning and preparing to paint may also include Primer coat first especially in Bathrooms or Kitchens. number 2 is good always match the doors and hardware. number 4.
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23 April 2024 | 14 replies
It'll be intrinsic in a couple of years, the actual debt is an asset itself, so what you're out $1000/annually.
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24 April 2024 | 10 replies
My leases clearly state that the "Tenant shall maintain all appliances, equipment, furniture, furnishings and other personal property included under this Lease".
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24 April 2024 | 6 replies
Hey Eilon - you should be able to go up to about $800k or so on purchase price including any rehab if you go that route.