
21 February 2024 | 45 replies
If we devolve into discussing the shortcomings of US presidents or specific politicians, probably time to close the thread.

19 February 2024 | 3 replies
I live on the east coast and hope to buy an investment property in the SLC-Provo area, specifically the Draper and Lehi areas.

20 February 2024 | 6 replies
Hey @Mario J PerezAdvantages - Processing time, underwriting conditions, paperwork requirements, not impacting debt-to-income and/or personal credit, can own many and close in entities reducing personal liability (to name a few).Disadvantages - Rates tend to be a tick higher (less and less these days) and fees will be a few thousand more per deal, can be very regional, higher appraisal costs usually (based on the need for a 1007 rent market analysis on every one), can have weird underwriting conditions (lender specific)30,000 foot view at it, but the entity/personal credit side of things make DSCR loans really helpful as you start to scale, and especially if you are doing any personal borrowing for personal homes, cars, etc.Hope that helps!

20 February 2024 | 0 replies
I have had a huge interest in real estate, specifically, investing (BRRR, short-term rentals) and most recently in developing (I realize developing is a more "advanced" strategy).I'm thinking I should hustle and reach out to real estate agencies, in hopes of snagging an entry-level job or part-time gig to learn the ropes and build relationships with local investors.

20 February 2024 | 13 replies
If there's anything specific you're looking to learn or discuss, don't hesitate to reach out.

20 February 2024 | 6 replies
(specifically long-term, non-vacation rentals) Would love to hear a discussion on this!

20 February 2024 | 14 replies
The down side is that they typically have higher interest rates due to the higher risk associated with investment and commercial properties and are property specific.

20 February 2024 | 12 replies
I know it is difficult to ask specific questions when you are trying to figure out where to start, but tough to give advice about securities regulations on a public forum especially when the questions are open ended.

20 February 2024 | 1 reply
The formula for calculating DSCR is straightforward:DSCR=NetOperatingIncome(NOI)/TotalDebtServiceNet Operating Income (NOI) represents the property's income after operating expenses.Total Debt Service includes all debt obligations, such as loan payments, property taxes, and insurance.A DSCR ratio above 1 indicates that the property's income is sufficient to cover its debt obligations, while a ratio below 1 suggests insufficient cash flow to cover debt payments.Lenders usually have specific DSCR requirements, with higher ratios indicating lower risk for the lender.

20 February 2024 | 13 replies
Here is the specific section: "Within (insert number) days after the Effective Date of this contract, Seller shall deliver the Notice to Buyer.