Joy Peterson
Bought my first home and trying to get PMI off....
24 May 2019 | 2 replies
The key for you guys would be to get into a loan that eliminates PMI mortgage insurance from your payment.
Nicholas Kitchen
First property, then what?
27 May 2019 | 1 reply
The NOI plus the debt payment doesnt exceed what I make now at my job.
Shane Colar
Advice on Hard Money/First time Flipper
27 May 2019 | 1 reply
I will assume your debt free except real estate.
Derek Dewayne Hopson Jr.
Option For Financing Great Deal
3 June 2019 | 6 replies
If your credit is low, it will be difficult to apply for any loans to use as a down payment for hard money or portfolio lending and may even drop your credit score more, bringing on new debt.
Bobby Esposito
New investor question!
28 May 2019 | 1 reply
When they look at your credit, they look at home much debt you have relative to your income.
Ashraf Martin
Turnkey for Out of Country Investors
29 May 2019 | 1 reply
It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.
Brian Mahan
Purchasing Duplex difficulties
29 May 2019 | 5 replies
This shows the lender what our debt to income ratio is.
Elizabeth Kness
Lender is adding “Rent” to my debt even though I don’t have any
31 May 2019 | 11 replies
My current credit score is... and my current Debt to Income ratio is...
Kassi Chappell
Tax implication of refinancing main home for granny flat rental
31 May 2019 | 1 reply
As you mentioned only half of the cash out is used to construct the new addition, only interest related to the debt that was actually used, half in this case, to fund the new remodel is tax deductible.
Ki Lee
Property Management is ripping me off??
30 May 2019 | 61 replies
I would expect a PM to cost 11%, putting you at about 44% not including debt service or cap ex.