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Results (10,000+)
Nick Burkhardt Help me figure out how to use my Equity to build!
12 June 2024 | 2 replies
Not sure what the laws are in ME, but in Georgia a first position foreclosure will wipe out the 2nd position lien making them riskier which commands a higher interest rate percentage.
Nathan Gesner How much reserve should you maintain?
12 June 2024 | 9 replies
Each additional property you own would receive an additional percentage.
Jake Brooks How do you screen your tenants?
12 June 2024 | 3 replies
We calculate rent plus all debt payments as a percentage of gross monthlyincome.Our underwriters strive to analyze and balance all the information above to determine the statistical likelihoodof 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’tchange their minds.
Jose Garcia New to Wholesaling
11 June 2024 | 2 replies
I've been hearing how you have to put a percentage down. but if a house is 300k and i have to put 5% for EMD, i don't have that kind of money to put down.
Garrett Brunell Pregnant Applicant - Does she meet the income requirement?
12 June 2024 | 16 replies
You don't know what types of savings she may have to cover her leave or if she'll get short term disability which pays a percentage of her income during her leave.If she is currently working and meets your income and other qualifications for renting, then you must approve her application.
Silvia Baier Looking at starting with 8+ units has anyone here done this?
12 June 2024 | 10 replies
Or a percentage of the value of the assets?
Gulliver R. Typical Monthly STR expenses
10 June 2024 | 25 replies
We are continuously improving not just maintaining it.Yes, for sure I'm going to put a Cap Ex and repair percentage per month in my expense calculations.
Eric Inigo Experience or thoughts on Homeroom?
14 June 2024 | 101 replies
To me that seems like a steal, for a few percentage points more that traditional prop mgmt, especially considering the premium rents you can collect.
Olga K. Using a HELOC
10 June 2024 | 4 replies
.- you can use any part of the HELOC  you want to ...make sure the lender you are  using for the new loan will be able to  qualify you with the  HELOC  funds  being used  (  some  lenders will  use the  actual payment on the  outstanding  balance and  other lenders  might use a percentage off the entire HELOC max limit )
Cory J Thornton Immigration, real wages impact, housing ... now how do we invest?
10 June 2024 | 0 replies
. - Increasing population is increasing demand - Labor trends seem to indicate that a large percentage of the "jobs added" in the jobs report over the last few years are works who are new to this country. - A dramatic increase in the supply of willing workers usually results in a decrease in hourly wages. - A dramatic increase in the supply of folks needing a place to live usually results in increasing home prices and increased rents.