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3 December 2024 | 8 replies
One of the key benefits of a DSCR loan is that it allows you to qualify based on the rental income the property is expected to generate, making it ideal for those with multiple properties or who may not have a strong personal financial profile or W2.
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4 December 2024 | 8 replies
But a bedroom or a bathroom can be easily qualified in terms of dollars (I usually see $4,000-$5,000 allotted for differences in bed/bath count).Truthfully, if I can't find easy comps and if I can't make it easy for the appraiser to agree with the value I'm looking for, I just don't buy it.
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3 December 2024 | 4 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.
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7 December 2024 | 9 replies
Consequently you either sell to the least qualified owner occupant imaginable, likely pay 6% seller assist, get crushed through the home inspection process or come to the conclusion going through that process 4 times is not worth the hassle and find an investor to purchase the homes as a package at a discounted price.
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2 December 2024 | 19 replies
Yes, it would qualify.
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4 December 2024 | 9 replies
If you are someone who qualifies for an FHA loan, its an incredible tool to take advantage of and you should start there.
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3 December 2024 | 5 replies
Therefore not many people that may qualify to rent at $600/mo.
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3 December 2024 | 22 replies
I still get qualified candidates from all sources.
30 November 2024 | 0 replies
I’m not able to personally qualify for cash out refinances.I’m looking to sell my home located in Southwest Florida in a HOA community but want to remain in the home to lease- 3 years or more.Does anyone have experience with this type of program or have any suggestions for me on where to look to get this done.
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29 November 2024 | 6 replies
What qualifies as a one time expense is generally the underwriter's discretion.