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Results (10,000+)
Ryan Beesley DSCR Brokers/Lenders - 4 unit multifamily to fund.
7 February 2024 | 13 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.
Nicholas A. How To Not Build your First House
7 February 2024 | 4 replies
Ensure that your agreement includes specific responsibilities and emphasizes the importance of timeliness.Choosing the right builder is a pivotal decision.
Andy Wilson Advices on changing RE agent
7 February 2024 | 2 replies
She works fast and responsive but she never gives me any meaningful suggestions or recommending properties, but showing homes only when I ask.
Aaron Landau Ready to buy my first home in Massachusetts! Need guidance please.
8 February 2024 | 13 replies
Thank you for the response.
Christian Hubbs Data, tools, and API's for Property Data
7 February 2024 | 40 replies
Not sure about individuals just using it for their personal purposes but who knows!
Neil Wei Multifamily househacking analysis help
9 February 2024 | 25 replies
Thanks again for all these super helpful responses especially Luan and Ian for these detailed suggestions. let's keep this discussion going, if there is any advice/words of warning that you have please let me know, I could use all the help I can get.
Nick Belsky Private Lender Due Diligence: Has Anyone Done Business with SilverSky Capital Fund?
6 February 2024 | 21 replies
I have made contact with another employee who has tried to help answer questions and such, but still very poor responses and customer service. 
Scott Trench Anyone Raising a Single-Asset Multifamily Syndication or Know of One?
8 February 2024 | 26 replies
I will be focused, however, on converting the townhomes into condominiums and selling individually to homeowners.
Andreas Mueller Should you Rent or Buy?....How about Both! (Yes it's possible)
8 February 2024 | 7 replies
Regardless of your perspective on renting vs buying your primary residence, IMO more individuals should become real estate investors.
Leon Lee Help on Several Common Questions Related to MTR
6 February 2024 | 7 replies
It sounds like you're working with corporate housing placements so are you signing the lease with individuals or with the company itself?