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30 April 2024 | 7 replies
So yes, more expensive homes with lower rates can be different than cheaper homes in higher areas but then actual principal, interest, and insurance will likely do the off-setting.
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30 April 2024 | 54 replies
Literally will get the same property from 15 different wholesalers, with each subsequent email increasing the price $10k from the previous email.
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1 May 2024 | 38 replies
EXP as a brokerage is held within eXp holdings which has a ton of different entities under that umbrella, that is what the agents get a share of from working with eXp.
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30 April 2024 | 29 replies
I have heard and read a couple different perspectives on this.
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30 April 2024 | 7 replies
Please note -- although this is separate from property management, IF your PM handles this for you in addition to traditional property management, is the fee you would pay them for this different than if it were a completely independent construction manager/overseer not already associated with the apartment complex?
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30 April 2024 | 5 replies
We have our agent and lawyer selected but are between two different lenders.
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30 April 2024 | 37 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.
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30 April 2024 | 43 replies
You will find people have been successful in a ton of different ways.
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30 April 2024 | 57 replies
Again, proving my identity is different than them keeping my ID on file.
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29 April 2024 | 168 replies
We need one like this for each state because each state is so different.