Chris Baek
Debt Service Coverage Loans
23 April 2024 | 9 replies
Qualifications typically center around whether the monthly rental income can at least break even (1.00 DSCR) with the monthly PITI.We would simply need to know the following information to determine eligibility, interest rate, and loan terms for DSCR financing:o Purchase or Refinanceo Property Addresso Monthly Rental incomeo Annual Taxeso Annual Insuranceo Estimated Credit ScoreThe documentation is relatively light as well, compared to a conventional loan underwritten to your personal income/taxes/debts.▪ Entity documents ▪ 2 months of bank statements ▪ Photo ID ▪ Lease agreement (refinance) ▪ Sales contract (purchase)
Mariana L.
First time investor- house hack in SD or LTR in mid-west or open to other
23 April 2024 | 3 replies
We've also been exploring properties in person.
Troy Smith
New real estate investor
23 April 2024 | 15 replies
House hacking will also give you some personal "property management" experience.
Sean Haran
New investor choosing a market 2024
23 April 2024 | 27 replies
i don't see how you do it unless either (1) you are there in person or (2) you have a trusted team on the ground.
Billy Miller
Ready to Start a New Journey!
23 April 2024 | 6 replies
We have in-person meetups once a month in Northern NJ.
Gino Cerrone
How are you guys using AI?
23 April 2024 | 12 replies
Ping me if you're personally interested to help shape it or reply if you have features/capabilities you would love to see.
Stephen Bass
to 1031 or not? Can bonus depreciation be used to generate similar tax benefits?
24 April 2024 | 11 replies
Its what I'm doing...You aren't the first person in this situation.
Stephanus Juwana
New to Real Estate for Passive Income
23 April 2024 | 10 replies
I personally invest here for both the cash flow and appreciation.
Eric L.
Creative financing, seller financing
23 April 2024 | 9 replies
If you're truly interested in the property then you need to get in front of this person.
N/A N/A
Cost Segregation???
24 April 2024 | 30 replies
Absolutely do contact Yonah, he is the best person to answer your cost seg questions.As far as determining feasibility, it is usually done by your tax accountant who can estimate your immediate and future tax savings.