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Results (10,000+)
Adrian Jones How to refi cash out when you are an investor with limited income on paper?
1 May 2024 | 7 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
Mounish Thatikonda Failed to estimate a rehab
30 April 2024 | 8 replies
This would include your agent, property manager,  and contractor.   
Joseph Schweizer My first investment property - An out of state deal
30 April 2024 | 99 replies
Just shoot me a message or email to set something up. 
David Mueller Non conventional Lending
30 April 2024 | 6 replies
HELOCs can be a good way to get started, but don't forget to include that payment in your calculations.
Autumn Kim Is it a bad idea to buy a house with squatters ?
30 April 2024 | 4 replies
The cost and timeframe for evicting squatters can vary depending on various factors, including the complexity of the case, local legal procedures, and the squatters' cooperation.
Diana Mulvihill STR Number of Beds, Opinions Please
1 May 2024 | 27 replies
I hate bunk beds even though we are forced to include them regularly by our customers.
Tamera Muniz Mortgage company denied request to transfer property to LLC
1 May 2024 | 16 replies
That includes making a specific request regarding each property, getting approval of the servicer to make the transfer.
Robert S. Standing water in yard and window well
1 May 2024 | 30 replies
Have your insurance go after the Builder and take care of your repairs including a sub pump If not Have your Realtor give to advise for that commission he/she made.Builder did it wrong twice.
Dave Smith Advice on Starting out at 21 years old
30 April 2024 | 7 replies
If you can get half your mortgage paid and retain some of your cash for the rehab (or get a loan that includes rehab $$) you should go for it.
David Yandel Buying in this current market
30 April 2024 | 3 replies
Including your monthly rent, the property has $150 cash flow.