Matt Buck
Cost of STR Virtual Assistants
30 April 2024 | 18 replies
She takes about 80% of the management burden off me.
Curtis Cecil
What financing options do I have???
30 April 2024 | 12 replies
It's originally was going to be but it's a flip now.Hi Curtis, even if the house is not rented there are DSCR options you can to that would go off an appraiser's fair market rent analysis.
Account Closed
Subject To vs Wraps Similarities and Differences Part 1
29 April 2024 | 7 replies
.: Subject To and Wraps are very similar and yet, very different.Subject To & Wraps share these characteristics You are taking over payment of the mortgage and transferring the property into your name You become the owner The loan does not get paid off The lender can and sometimes will call the Due on Sale You have to have money or credit to solve a Due on Sale call They are used when someone doesn’t have much equity and doesn’t want to pay a real estate agent They are used when the seller wants to sell fast They are used when the property isn’t really a good candidate for the MLS because of the condition of the property They are used when It’s a unique property and it’s hard to find comps They are used when it’s a distressed situation that needs to be resolved They are used when the monthly payment is below market rate (that means it cash flows) They are used when the seller wants to avoid the hassles of listingSubject To & Wraps Differences In a Subject To, NO new mortgage is created.
John Underwood
How are you spending on 3rd party software?
27 April 2024 | 10 replies
ie: pricing software, listing platforms other than Vrbo and Airbnb, digital guestbooks, integration software, direct booking sites, camera subscriptions, other subscriptions etc.Then what percentage of all this software is it of your net profits?
Stefan Hein
San Antonio Real Estate
30 April 2024 | 11 replies
I am a local investor myself and a Realtor, if you want to bounce anything off me feel free to reach out.
Jack B.
Why not use stock losses to offset capital gains when selling rental property?
29 April 2024 | 7 replies
going off of low sleep and answering forum posts is not a good recipe.
Brandon Jensen
Fix & flip funding
29 April 2024 | 4 replies
So I was thinking if I could get a small business loan to get my 20% covered and then get into a DSCR loan and be off to the races.
Jerell Edmonds
Creative financing for second investment
29 April 2024 | 3 replies
DSCR is great for Self-employed borrowers or business owners who write off a lof of debts and show little income.
Miguel Del Real
Fix & Flip inspection
29 April 2024 | 7 replies
Other times the power was off and we got a full inspection and asked the inspector to keep an eye out for anything that looked strange and everything worked fine.