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23 April 2024 | 3 replies
Even though the rate is good is the property right for your investment strategy and portfolio to move you closer to your goal?
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23 April 2024 | 1 reply
According to my calculations, using Brooklyn's property tax rate of 0.78%, the tax should be around $354 per month based on taxable value of the property, not the $716 estimated by the agent.
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21 April 2024 | 1 reply
Economists say a resurgence in mortgage rates and inflation could be softening sales at the start of what is traditionally real estate’s busiest season.
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21 April 2024 | 1 reply
It's not looking good for rate cuts.
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21 April 2024 | 0 replies
It's not looking good for rate cuts.
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22 April 2024 | 39 replies
.), income, cashflow, debt, DTI, equity, property appreciation, rent appreciation, mortgage paydown & amortization, rate of net worth growth, cost of living increases, hours worked per week, cash on hand, etc, etc.
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23 April 2024 | 9 replies
Qualifications typically center around whether the monthly rental income can at least break even (1.00 DSCR) with the monthly PITI.We would simply need to know the following information to determine eligibility, interest rate, and loan terms for DSCR financing:o Purchase or Refinanceo Property Addresso Monthly Rental incomeo Annual Taxeso Annual Insuranceo Estimated Credit ScoreThe documentation is relatively light as well, compared to a conventional loan underwritten to your personal income/taxes/debts.▪ Entity documents ▪ 2 months of bank statements ▪ Photo ID ▪ Lease agreement (refinance) ▪ Sales contract (purchase)
21 April 2024 | 5 replies
Use one that has flexible pricing/spending options, memberships for discount pricing (these often pay for themselves with your first list). let me know if you need specific information about skip tracing
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25 April 2024 | 24 replies
Great job and population growth, very low crime rate, super low property taxes, very land lord friendly and the list just goes on!
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23 April 2024 | 7 replies
The properties all cash flow nicely and current interest rates range from 4.25-5.25%.