
16 May 2024 | 10 replies
Even if the property is not currently on the market, it will show you a lot of info that I personally find important.

16 May 2024 | 9 replies
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.

14 May 2024 | 5 replies
This is so important to avoiding massive issues when you ultimately begin sitework.

16 May 2024 | 22 replies
What kind of activities are including the material participation?

16 May 2024 | 5 replies
The most important plan in this part is the site plan.

16 May 2024 | 10 replies
He is facing a big repairing cost right now.My questions is can I ask all my applicants to disclose if they have pets including service pets when they apply?

16 May 2024 | 6 replies
As we navigate through various stages of property management, including renovations and strategizing for resale or rental, I'm looking to gather some insights from this knowledgeable community.I have a couple of specific questions:1.

14 May 2024 | 15 replies
In many locations, including some of the other hot-housing market cities, appreciation has made homes unaffordable to those who don’t own a house they can sell for the funds needed to make a move.

14 May 2024 | 7 replies
Keep in mind, you need to review the policy language with the agent and ensure that nothing important is being left out.

16 May 2024 | 8 replies
In addition to your creative financing education, start to include education around scaling your portfolio using the equity in your home.