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4 May 2024 | 5 replies
I've used services I had to pay for but honestly rent spree has been just as good if not better.
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4 May 2024 | 3 replies
Then in any good property management software with accounting, you simply create the monthly invoice (for servicing the debt) and then mark that invoice as recurring for the duration of the loan.
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6 May 2024 | 9 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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4 May 2024 | 27 replies
You can be charged actual damages so ask them for the actual damages and check your local state laws.
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4 May 2024 | 10 replies
I'm looking to purchase my first STR for under $600K and I'd love to find something somewhere where I actually enjoy going for any repairs and maintenance.
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3 May 2024 | 1 reply
it was listed limitedly through a few commercial sites…was actually a walk-by opportunity How did you finance this deal?
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6 May 2024 | 65 replies
I can tell you we spent all of last years earnings rehabbing properties this year, so if you're trying to replace your income make sure you're making a significant amount more than what your actual income is to offset unexpected expenses like a flood, or vacancies for extended periods of time.
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4 May 2024 | 3 replies
If you’re looking for something that is basically a turnkey ready investment property, you will most likely need at least 20% down to obtain the debt service minimum threshold.
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5 May 2024 | 7 replies
Finally, while on rare occasions real property does change hands a an extreme discount to market value, in the vast majority of the time a buyer, especially one without much experience thinks they’ve stump;ed across the “deal of the century”, they’ve mispriced the actual value because of something not readily apparent hasn’t been considered.