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12 May 2024 | 12 replies
But I think this is a process and like anything else the more you do the more you learn and then try to repeat it . thanks for sharing.
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7 May 2024 | 21 replies
That's a lot of homework left to the individual investors. :)Hope that helpsJames
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9 May 2024 | 11 replies
Well, you ‘re not “representing yourself”, you’re just an individual, as if you never had a license, except you have to disclose that you are licensed.
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10 May 2024 | 1 reply
You're in the right place to learn about real estate investing.
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6 May 2024 | 11 replies
This is a great place to learn.
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10 May 2024 | 4 replies
I would recommend starting slowly with one purchase and building off of that as you learn the business.
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9 May 2024 | 14 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.
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10 May 2024 | 23 replies
Now that you have made the move, was there any part of the learning curve you would want to warn me about?
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7 May 2024 | 4 replies
I'm currently a college student in Cleveland, OH and I love to learn about new ways to make money with Investing.
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10 May 2024 | 7 replies
I need to learn more how it works with condos.