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1 March 2024 | 31 replies
This policy will provide additional coverage above what your existing policy covers.
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1 March 2024 | 14 replies
In addition, the Dallas market is about to decline significantly.
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28 February 2024 | 2 replies
Although it's made our cash flow a little tight having this additional monthly mortgage on the land, we have not been in a huge rush to build.
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28 February 2024 | 12 replies
For me I use 6 months of reserves (monthly payment mortgage, property taxes and insurance) for each unit (if a duplex it's 2 units) and an additional $10,000.
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1 March 2024 | 13 replies
Alternatively, DSCR ratios may not work out due to efforts to maximize the loan amount and avoid additional cash contributions.
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29 February 2024 | 17 replies
In addition to considering what lenders opinions might be (currently Fannie and Freddie don't want to see any more than 10% of units being STRs but not sure about LTSs).
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28 February 2024 | 10 replies
Property Management always seems to provide challenging topics to explore :) I agree with the others who aforementioned zoning considerations, water/electricity hook-ups needed.
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29 February 2024 | 3 replies
It would convert the existing structure from a 2 bed 1 bath, to a 4 bed 2.5 bath, adding an additional 2000 square feet of space.
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29 February 2024 | 14 replies
With the above-mentioned, you and your husband should explore rent-by-the-room properties (PadSplit & HomeRoom).
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1 March 2024 | 26 replies
It gives you the chance to explore market trends and potentially make a profitable move.