Jeremiah Alton
SFR W/ Guest house now successful STR/MTR on Airbnb!!
2 May 2024 | 4 replies
Conventional loan and we just ReFi into a 1st position HELOC.
Wilson Vanhook
How to get construction loan with high DTI?
30 April 2024 | 3 replies
I know there are some DSCR type of construction loans that don't factor in DTI.
Mike Bonn
Small holds in St Louis. Need bank referral
2 May 2024 | 3 replies
One of my favorite programs can finance property values down to $75,000 - however, I've had exceptions granted for clients with lower values as long as the loan amount stays above $50,000.
Jeff Ryers
Formula For Tenant Qualification?
2 May 2024 | 3 replies
Monthly Rent + Monthly Debt Payments <= GROSS Monthly Income * 45%This accounts for some people who have outsized obligations such as car payments, child support, credit cards, student loans etc.
Mischa Turner
Am I Rushing Into a Purchase??
30 April 2024 | 8 replies
I can use a VA loan to purchase a house here, then use my wife's VA loan to purchase a house in another market a year later if not DTI-restricted.
Bill Rapp
Navigating Multifamily Real Estate Opportunities Amidst Market Challenges!
2 May 2024 | 0 replies
High debt levels relative to equity, combined with looming loan maturities and expiring interest rate caps, have made refinancing a daunting task for many property owners.
Alon A.
STR in Austin / Miami
2 May 2024 | 10 replies
A bit on my self I have 3 singles in Dallas Forth-Worth area & 1 single Tampa area I sold 2 flips in Austin, TXIn DFW, I’m doing section 8 , I am getting properties with hard money loan , remodel them, and then re fi them for 30 years , I put around 45-65K for each property I have 4 properties total that cash flowing $300, $500, $1000 (section 8) , $250 per month after all taxes, expenses , insurances , mortgages ..
Greg Teplansky
LLC or Business entity service companies
3 May 2024 | 4 replies
If you have a loan, you may wish to look into due-on-transfer clauses.
Chris Schneider
Cold Callers - Real Estate Sales
1 May 2024 | 4 replies
Once I chose someone, Vitudesk set me up with a manager who would assist me in evaluating the caller's performance, making suggestions to improve results, and monitoring the caller's screen time.Sometimes, it can take days or weeks to find someone good, and it can take months to find someone who is good AND is in it for the long haul.
Ryan Fox
would a 1031 exchange save me much in taxes?
1 May 2024 | 10 replies
Your gain is your sales price minus your purchase price, adjusted for closing costs and improvements.