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18 March 2024 | 0 replies
So, for example, rather than the peak of 9% inflation last year, adding the cost of credit on top of that we actually peaked at 18% last year.
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18 March 2024 | 21 replies
To give you an example, I currently spend $10,000 a month and average about 2.5 deals monthly.
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17 March 2024 | 6 replies
A DST with a 721UpReit option is typically held for 2 years after the last investor has entered the deal and the offering is closed.
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17 March 2024 | 24 replies
An example is we live in a town of 10,000 and have about 25 rentals.
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19 March 2024 | 46 replies
Example, Labor to install provided condenser $250.
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17 March 2024 | 13 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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16 March 2024 | 21 replies
So to answer your question, insurance companies will typically send out a third party inspector to determine cause of damages to see which party is culpable.
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17 March 2024 | 9 replies
For example: one person from Spain lends me $100,000 @ 5% interest only.
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18 March 2024 | 24 replies
For example, it took me 2 years to find my real estate agent.
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17 March 2024 | 2 replies
If for example a home is selling for $225,000 it will have an estimate of $1,462/month.With 25% down the calculator shows: $1,023 per month Principal and interest $806Property taxes$125Homeowners insurance$92How can I get a better idea of the total including everything?