Brandon Sok
Calculating Balance Due on Interest Only Loan
27 March 2020 | 7 replies
I plan to be out within 3-6 months, depending on the bank's seasoning policy and appraisals.
Chris Koerner
Glad to be here! I invest in mobile home parks exclusively.
27 March 2020 | 5 replies
When I get some numbers together, I'll take you up on a seasoned opinion.
Christopher Smith
This Proposed NY Senate Bill Scares Me!
29 March 2020 | 21 replies
About 30% goes to mortgages and 55% goes to maintenance, taxes, utilities (several of my units come with utils which I pay), water, seasonal maintenance, And insurance.As a full time landlord, this bill would not only take away ALL my income, but would leave 55% of my bills remaining.This will be economically devastating to me and many like me.It unconscionable that government would foist responsibility for social services on landlords.
Xochitl Cadena
How to Refi my property if it is an LLC? How others are managing?
4 January 2021 | 7 replies
You’ll probably get stuck with going through the seasoning of 6 months or longer depending on the lender.
Kimberly Wright
New investor....guidance needed
28 March 2020 | 7 replies
What course of action would seasoned investors take in this scenario?
Clay Couvillon
Brrrr Strategy and when to Refinance
28 March 2020 | 2 replies
Hello Clay, if you want to get a loan on the secondary market there is a 6 month seasoning period unless you do a delayed financing exception which I will not get into here.
Cliff H.
Legal considerations of phasing in LTR to traditional STRs?
29 March 2020 | 8 replies
In that case the differences between evicting a tenant in a furnished STR with all utilities paid and far greater more variable/seasonable income streams is (IMHO) a far worse situation than a traditional LTR (where you’re at least mitigating some risk via expectations of standard background, credit, and past landlord, etc checks.
Nathan Gesner
How are you coping during this time?
1 April 2020 | 33 replies
Built storage shelves in our basement.4.
Robin Cornacchio
Is now a good time tp purchase investment property in Panama City
11 May 2020 | 9 replies
If the summer rental season is lost or severely impacted, there will be many owners with equity needing to raise money and not many qualified buyers.
Jon K.
Successful BRRRR, unsuccessful refi
3 April 2020 | 7 replies
I had an 80% LTV 30-year fixed loan locked in prior to all of the coronavirus craziness when the portfolio lender involved stopped funding at the 3 month seasoning mark.