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30 June 2024 | 4 replies
All institutional lenders, DSCR, conventional and government send out disclosures that are very clear regarding the length of time and the percentages of the prepayment penalties.
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1 July 2024 | 6 replies
We calculate rent plus all debt payments as a percentage of gross monthly income.Our underwriters strive to analyze and balance all the information above to determine the statistical likelihood of a tenant paying their rent on time.ApprovalOnce an applicant is approved, we require a nonrefundable Holding Fee to make sure they are serious and don’t change their minds.
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2 July 2024 | 108 replies
I already addressed this in my reply to Jay and I will reiterate it: only small percentage of Americans have cash to buy homes without financing.
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29 June 2024 | 2 replies
Amendments such as that typically need a certain percentage of the association to vote in favor of the amendment for it to succeed, but it does happen.
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29 June 2024 | 3 replies
For those with higher capital reserves and down payment percentage, assuming a pandemic era mortgage (typically from 2-3-4% can dramatically reduce carrying or mortgage costs.
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29 June 2024 | 11 replies
Generational wealth based on percentage of ownership in a rental property- is this SFH?
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28 June 2024 | 12 replies
The return percentage is the same, but the impact to lifestyle is, presumably, vastly different.
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28 June 2024 | 15 replies
They usually take a decent size percentage of the gross monthly profits so that would be something to take into consideration as well
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28 June 2024 | 12 replies
The landlord can decide on what percentage is charged the tenant … but the charge from rentec direct is about 2.95%.
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26 June 2024 | 38 replies
Southlake, TexasStandard price: $832,493Rate of Occupancy: 71%Average per-day rate: $250Average percentage of returns: 4.2%Average monthly income: $70556.