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Results (10,000+)
Shannon L Fogarty Anyone heard of this lender?
5 July 2024 | 3 replies
Even facebook might have some good local groups for you.
Janani Rangaraj Attached ADU appraisal in bay area
5 July 2024 | 4 replies
If it's a detached ADU, it would come even lower.
Lor Fara Entity structure for out of state LTRs
3 July 2024 | 6 replies
There are over 20 of us CPAs in these forums assisting Real Estate investors nationwide.
Gi'angelo Bautista STR PMS: Hostfully vs Hospitable?
3 July 2024 | 36 replies
We have 4 virtual assistants and we will keep hiring more so we want a "simple" and easy solution.We tried OwnerRez, but it was just too difficult for us to use and pick up fast.We tried Hospitable, which was easy to use and the VA's had positive feedback.
Jasmine Hu Which market will you invest in 2024?
7 July 2024 | 36 replies
Construction buddies of mine have more work than they know what to do with, even average realtors seem to be doing well.
Dulce Davis Opinions on Blanket Mortgages
3 July 2024 | 7 replies
We assisted with many of these during low rate environments where the loan was planned as a very long term option.
Tim J. Foreign entity and in NY/ "doing business" definition in NY?
5 July 2024 | 6 replies
If publishing is too complicated, then the work around will be even more cumbersome.
Bradley Jernigan Virtual Assistants for property management
29 June 2024 | 6 replies
Has anyone used VAs (virtual assistants) for help with managing properties and tenants?
Elvin Luccon Which company to use for DSCR loan?
5 July 2024 | 3 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 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Sarah Meade Selling my house and buying a multiunit
5 July 2024 | 4 replies
This is a really significant strategy, because getting control of even two or three buildings can change the course of your financial future.