David Cunha
Range of DSCR rates?
20 July 2024 | 29 replies
DSCR loans offer the following advantages over conventional:No income/dti/employment docsNot reported on creditClose in an entityClose quicker As for LTV, generally 75% on cash-out refinances and up to 80% on purchases.
Taylor Robertson
How to finance 2nd oroperty
18 July 2024 | 7 replies
Some considerations are the type of loan (Conventional, DSCR, etc), the type of property, the market the property is in, the location, your income and employment, the timeframe on the cashout - the list goes on.Generally speaking, you *should* be able to cashout refi up to 75-80% LTV of the appraised value after rehab, usually following a seasoning period.
RaeAnne Conat
Funding without employment
15 July 2024 | 2 replies
We are looking to purchase a potential investment property that has 4 rentals, we have $75,000 in assets and currently own a home with roughly $50,000 in equity, that is our primary residence. If having rental proper...
Jessica Hunt
Rentec Direct users?
19 July 2024 | 25 replies
The switch happened before my employment began, so I don't know how Yardi operates or why we left, but Appfollio is fairly simple to use.
John Underwood
New law makes wholesaling illegal is SC
22 July 2024 | 82 replies
They're trying to funnel investors into taking the title or employing an agent.
Michael Plaks
0% owner financing and IRS imputed interest
19 July 2024 | 12 replies
It is for loans between relatives, between employers and employees (paycheck advances) etc.
Chris Gottshall
1031 Worth It? Suspended Losses Exceed Cap Gain
18 July 2024 | 9 replies
The losses were suspended in the past due to W2 income and they are now self-employed, meaning their income tax rate is likely to be lower, if that makes a difference in the answer.
Jaekwan Lee
Things to look at on Quadplex showing and put contingency
19 July 2024 | 8 replies
Tenant(s) Employment & Bank Information: additional information useful for garnishment actions to collect unpaid rentand/or property damages.
Carter Trombley
Looking to grow my career/portfolio
16 July 2024 | 11 replies
I also happen to be employed by my partner, I do lots of work for his property maintenance and renovations.My major concern is when I have a not so large income how can I grow outside of purchasing a property which is not very feasible at the moment.