Shane White
Hello! I currently own 2 properties (CA & TX), looking to get into BRRRR & STR's
3 February 2024 | 8 replies
I live and invest here and see huge potential throughout CA, depending on your priorities and level of involvement.
Rahul Gupta
Small loans - who lends on property under 100K close to St Louis and Bellville, IL
2 February 2024 | 9 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
Ashley Barrier
Need information about my land rights.
4 February 2024 | 8 replies
Depending on how that was discussed at the time, that could have created an easement on your property for those water lines even though it isn't documented and recorded at this time.
Megan McKinley
New to REI, Hungry to Learn!
3 February 2024 | 4 replies
A dependable team is essential for real estate investing success.Remember, patience and thorough research are key.
Gil Segev
Investing without cashflow - Austin MTR
3 February 2024 | 60 replies
As with anything, a lot of this will depend on your goals.
Crystal Mendoza
Thoughts on subto deals
3 February 2024 | 3 replies
Depends on location of transaction.Reach out to me if you want to connect.
Alexander Canalini
Rental Market in Temple, TX
3 February 2024 | 8 replies
It depends on the zip code, bed bath, sqft, etc...I am renting mine anywhere from $1,500 - $1,900/m
Jessica Carcamo
When exploring Debt Service Coverage Ratio (DSCR) loans
3 February 2024 | 8 replies
Minimum ratio depends on the lender but typically it is above 1.0.
Jeremy Porter
Navigating the Decision: Should Landlords Allow Tenants to Perform Maintenance?
2 February 2024 | 5 replies
This proactive approach protects landlords and creates a safer environment for tenants.Quality Control: Tenant maintenance quality varies based on skill and experience, leading to potential property issues.