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15 February 2024 | 6 replies
Hey all, I am about to put my house up for as a rental but I am still living in it, however I would like to get pictures & a listing up to hopefully start finding renters or at least see if there's interest.Can anyone recommend a website that I could potentially stage furniture with existing furniture but be able to add like a light on a night stand and remove person items?
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15 February 2024 | 2 replies
Some investors who acquired investment properties with the intention to flip made a pivot to rental income when they found that they were not able to sell the properties at a favorable price because higher rates priced out many of their potential buyers. 3.
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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 | 1 reply
But selling this will really give me the cash that I need for the new property, and potentially reinvest in another, or even settle an existing one - great equity in this property.
15 February 2024 | 4 replies
I am looking at potentially getting into this arena.
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15 February 2024 | 2 replies
Good morning all,I'm reaching out to tap into the collective wisdom of this community regarding a potential investment opportunity I'm considering.
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15 February 2024 | 1 reply
I have some potential properties that I was interested in pursuing and was considering door-knocking to see if I can come up with a feasible win-win arrangement to purchase the house rather than have them go into foreclosure.
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15 February 2024 | 12 replies
So I've found a regional vacation market, the Poconos, that seems like it has properties in my price and potentially sufficient cash-on-cash returns to be worthwhile.
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15 February 2024 | 3 replies
A loan option you could look into that will potentially preapprove you for more is a DSCR (Debt service coverage ratio) loan, which is based on the rental income of the investment property you are looking to purchase, instead of based on your personal income for a conventional loan.
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15 February 2024 | 14 replies
You could use a 1031 to avoid that, but then you have the 1031 fees which would also eat in to your potential profits.