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19 February 2024 | 1 reply
Buying a house with Solar installed on lease solar company wasn’t paid for 6 months by seller and is now refusing to accept back payment to reinstate the service and remove the lien.
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19 February 2024 | 2 replies
Buying a house with Solar installed on lease solar company wasn’t paid for 6 months by seller and is now refusing to accept back payment to reinstate the service and remove the lien.
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20 February 2024 | 14 replies
If they want to move forward, we first advise them that if they are approved, we will need the deposit in certified check or money order only within two business days; and pro-rated rent prior to turning over keys by similar method (Once they move in, we have other payment options available).
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21 February 2024 | 19 replies
Get the listing for your area of late property tax payments.2.
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19 February 2024 | 6 replies
I told her to incorporate that into the loan repaid amount, and she immediately did and asked for my ID and bank statementsNow most lenders do 80% financing with a 20% down payment, which at that point, I understand why there's an upfront cost.But if this is a 100% financing agreement, why are they asking me for anything upfront?
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20 February 2024 | 1 reply
The formula for calculating DSCR is straightforward:DSCR=NetOperatingIncome(NOI)/TotalDebtServiceNet Operating Income (NOI) represents the property's income after operating expenses.Total Debt Service includes all debt obligations, such as loan payments, property taxes, and insurance.A DSCR ratio above 1 indicates that the property's income is sufficient to cover its debt obligations, while a ratio below 1 suggests insufficient cash flow to cover debt payments.Lenders usually have specific DSCR requirements, with higher ratios indicating lower risk for the lender.
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19 February 2024 | 11 replies
Of course you have to have a team built out but if you have a reliable contact that has experience then they'll have renovation crews as well as property management.
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19 February 2024 | 44 replies
This would allow me to have smaller payments on my primary residence.
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20 February 2024 | 15 replies
Landing a higher rent reliable tenant on the coast can take a little time as it is very transient, but often landlords find quality tenants in young families relocating to the coast, those employed in the medical fields, Coast Guard and State workers relocating to coastal cities.
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19 February 2024 | 15 replies
@Taquana Hudson besides benefits of tenant payments & communications, all software really does is keep you better organized.Know an investor that manages 40+ doors with only spreadsheets.