
13 October 2021 | 2 replies
@Javaras ThomasBanks are going to look at debt service coverage ratio (DSCR) to determine how much they will lend to you, not ARV.

30 October 2021 | 5 replies
I've done it all, but I determine which marketing channel I use based on how much it costs to get a deal and the work involved.

27 October 2021 | 35 replies
But in all, sit down and list out the lifestyle you want to have in 5-10 years and determine your goals from that.

14 October 2021 | 2 replies
Determine what your goals are and find someone that has had success in those.

14 October 2021 | 4 replies
I plugged all the numbers into the Rental Property analyzer calculator, as modest as possible trying to determine what my unit would cost me after subtracting all other expansive, for example, 5% on Maintenance, vacancy, capital ex, and 11% management fees. that number is roughly $900 a month or $10,800 yearly that I would be responsible for. both scenarios look like this A) Primary Resident: 69k (10% down + closing) +10,800 = 80k the first year VsB) Investment Property: 159k (25% down +closing) - $4704 ( $392 monthly cash flow) = $154,296 first year I feel that option A is the better option in year 1, but I can not figure out a true representation moving forward after the house hack is done and I replace myself with a tenet?

19 October 2021 | 8 replies
However, you will still need to do your due diligence to determine if they're the right lender for you.

23 October 2021 | 17 replies
That said, a lot of that credit has to go to myself (at risk of sounding conceded) as I personally had to show and deliver the drive and determination it takes to come this far.

1 November 2021 | 26 replies
@Travis Heppe did you do a feasibility study to determine the highest and best use?

18 October 2021 | 1 reply
That will determine how you invest that money.

18 October 2021 | 2 replies
Margin interest example$187,000 for 6 months (180 days)Multiply loan amount by the effective rate: 187,000 x 7%Determine the daily interest amount: $13,090 / 360 = $36.36Calculate the interest due after 180 days: $36.60 x 180 = $6,588 + additional funds / holding cost interest for for rehab budget