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Results (10,000+)
Johnny McKeon Quoted over 8% interest rate for owner-occupied fannie mae 5% down 4plex
3 April 2024 | 5 replies
If you talked to a direct/retail lender, their compensation is typically "baked" into the interest rate and is paid by the lender.
Joseph Fenner How does the financial side work when house hacking out of state with an FHA loan?
3 April 2024 | 16 replies
For example, they are weird about chipping and peeling paint, missing handrails, etc.
Remington Childers Renovation Advice for Heavy Use Items
2 April 2024 | 8 replies
If for example I'm creating a B class single family rental, I want to meet EVERY "expectation" tenants would have of a rental of that type.
Mark Walker Terms for SS/mobile home park combo.
3 April 2024 | 0 replies
What are typical lending terms?
Buyan Thyagarajan Citation threats for my rental properties in Colwyn Darby PA
3 April 2024 | 3 replies
The local magistrate will typically hear cases involving local/municipal citations. 2.
Account Closed Average AZ Escrow and Title Costs
3 April 2024 | 2 replies
Hi Felipe,Title & Escrow typically ranges from 0.75%-1.5% of the price, but I'd recommend getting an estimate from your preferred tile & escrow company.
Itsik Morin How do you find online pictures of sight unseen properties?
3 April 2024 | 4 replies
You can typically get a realtor to do a virtual showing for you if the property allows for that.
Trey Belmore DSCR Loan Rates
3 April 2024 | 9 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.
Matyndia Oyourou Costs related to short-term rentals vs long-term rentals
3 April 2024 | 15 replies
Mortgage payments, real estate taxes, utilities, property management fees, landlord insurance, and upkeep and repairs are examples of fixed expenses.
Mohamed Camara New Member Into
3 April 2024 | 9 replies
The properties I deal with are buy and hold properties, I typically do short-term & mid-term rentals that is my bread and butter airbnb, vrbo, etc.