
15 February 2024 | 3 replies
Ignore credit ratings but ask them to explain what you will see during a credit check.

15 February 2024 | 9 replies
Is there an order in which you would apply for these loans due to credit inquiries?

15 February 2024 | 14 replies
As an investor in a rental property positive cash flow is all that you get - no use, or other benefit of ownership.

15 February 2024 | 3 replies
DSCR will have slightly higher rates than conventional loans, but the benefit is you can qualify for more.

15 February 2024 | 9 replies
Approval will be based on income potential of property, your credit score, appraisal, down payment, the DSCR ratio - there are quite a few factors that play into the approval.

15 February 2024 | 12 replies
In the above scenario the new rental income would only cost 50 dollars a month because the 1000 rental income would be credited at 75% so 750 dollars a month.

15 February 2024 | 5 replies
It had the assumptions of the deal, the development budget, info on the historic tax credits, a proforma for the apartments, a proforma for the commercial space, info on the returns, etc.

15 February 2024 | 4 replies
This way it does not impact your credit, DTI, etc.

14 February 2024 | 2 replies
CPA advised us to start at LLC and buy our primary residence as an investment property and rent it to ourselves for tax benefits.

15 February 2024 | 2 replies
For example, I recently had a client whose loan type disallowed the buyer from accepting more than around $10k in seller credits.