Moises R.
Looking for a $100k DSCR cashout on property i own free/clear
21 May 2024 | 15 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.
Sanjeev Advani
Strategies for Future-Proofing Commercial Real Estate Investments
22 May 2024 | 1 reply
This should be done without expecting an increase in rent because the aim is to provide tenants with more convenience and it should not come at the cost of rent increase.
Richard Edgar
Asset rich/Cash poor situation
22 May 2024 | 5 replies
(Also on airbnb there are options to actually rent a set up tent which sounds weird but people do it.)Fourth: Set up a youtube channel, which is free.
Michael M.
Turning Primary Residence to Rental
21 May 2024 | 25 replies
Your mortgage is $3250 and it could rent for $3600.
Dave Allen
Wife on mortgage with her parents on a rental duplex blocking FHA loan
21 May 2024 | 3 replies
The loan we were applying for is an FHA, which stipulates we must provide a signed lease for our half of the duplex (to be newly rented out) but for the other half which the parents "own" (in reality all three are equally owners of the entire property.) we would need to provide proof of rental income on our tax return, however her parents claimed that so we seem to be SOL.The mortgage is covered, we can rent it out no problem, but the underwriter is saying on paper it looks like she is responsible for the whole duplex and the rent for half of it is unreportable.
Alex Kenny
Future Planning Advice
21 May 2024 | 8 replies
Today, going rents in our neighborhood are about $300-$500 more then our current monthly mortgage payment.
Raj Patel
How to cash flow using DSCR?
22 May 2024 | 4 replies
Here, the insurance has skyrocketed due to hurricanes, taxes are up, and the property values have increased faster than rents.
Kristi Pratt
Next steps advice?
21 May 2024 | 4 replies
My husband and I own a profitable condo we rent out short to mid-term, while living in a single-family home we plan to convert to a long-term rental.
Kiley Harris
House Hack Lease for Next Mortgage Approval?
21 May 2024 | 1 reply
I am currently renting out rooms to friends (all moving in/out at different times) and need to get a lease together.When I buy my next primary, I want to be able to use my current rental income to get approved for another mortgage.What kind of lease do I need now in order to make sure the above can happen?
Adrienne Harrison
Property management rates around Minneapolis for Duplex, 4-plex
21 May 2024 | 15 replies
One month rent for tenant placement and 8-10% monthly maintenance is pretty standard for LT property mgmt.