
1 August 2024 | 9 replies
Are there any options for this where I can get 100% (or even close to it) in a refinance?

31 July 2024 | 3 replies
When investing in an off-market deal, is it better to purchase properties vacant or is it still a good idea to purchase a property even with paying tenants inside of it?

2 August 2024 | 10 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 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

1 August 2024 | 0 replies
This experience reinforced the need for meticulous planning and adaptability in renovation projects to ensure profitability, even when facing unforeseen challenges.

30 July 2024 | 0 replies
Purchase price: $175,000 Cash invested: $34,000 Sale price: $750,000 Single family Vacation rental direct sail boat access.

1 August 2024 | 7 replies
Sharing experiences, advice, or even discussing potential collaborations – I'm here for it all!
29 July 2024 | 6 replies
Hello Everyone, I have a rental property (single fmaily home) in Santa Barbara County, CA.

1 August 2024 | 0 replies
We project we would still be cash flow positive even with the extra costs of the HELOC, but we would ideally rather have more cash flow then less at this timeWhat are things we need to be considering or thinking about?

30 July 2024 | 0 replies
Purchase price: $350,000 Cash invested: $100,000 Sale price: $875,000 Stamford water view single family home on Long Island Sound.

1 August 2024 | 10 replies
If you could renovate and split off an ADU or even apply to turn it into a duplex or triplex (although that will cost plenty of money with new kitchens, utilities, etc.) that could very well be worth it.