23 April 2024 | 2 replies
I have all information saved luckily on Feb 22 I sent an email the the debt collector, they stated that if the information checks out they would stop with collection proceedings.
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24 April 2024 | 6 replies
If you can offer flexibility, I would put on listing and/or booking confirmation email which day/time the service is and say it is subject to weather.
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24 April 2024 | 3 replies
An attorney will still start with a boilerplate ( saving you time/fee) but can include all the "what if's" pertinent to your situation, family, etc.My 2 cents,Mike
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25 April 2024 | 14 replies
There are plenty, and happy to give projections via email, Orlando is different to beach or ski resort markets, and bedroom count in Orlando is king, coupled with a solid HOA.
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24 April 2024 | 3 replies
Banks and CU have something called "High Cost" rules which means a mortgage under $75K generally is not large enough to include or finance their hard costs plus fee's.Some DSCR lenders offer a $75K minimum after down payment but rates are usually above 9.75% even with good credit and carry a 2-3 year prepayment penalty.
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23 April 2024 | 31 replies
They will email the cleaning agency of my choosing each time there is a booking ot change.
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24 April 2024 | 0 replies
Can you shine some light on what exactly this may include?
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24 April 2024 | 3 replies
Be sure when you are mathing out your next purchase, you include the cost of the HELOC.
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24 April 2024 | 5 replies
Hi all, I own 2 investment properties in Westland, MI and have a total of 6 insurance policies including my home and auto.
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25 April 2024 | 15 replies
This criteria is for 1-4 and 5-8 unit programs.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.