Joseph Ducharme
New Investor in Charleston, SC
30 April 2024 | 12 replies
That means that even at $150/mo cash flow, you're just one association fee increase (or special assessment) away from losing money every month!
Conor Neville
Can/should I work with multiple lenders?
30 April 2024 | 5 replies
But there comes a point where it just does not make sense to even do the loan and it becomes a game of who will do it for the cheapest.
Nathan Gesner
What is the hardest part of DIY management?
30 April 2024 | 28 replies
Some lose their shirts, destroy their health, and even ruin relationships.
Cara B.
If you had unlimited funds, and lived in Los Angeles, what would you invest in?
30 April 2024 | 21 replies
or are you willing and able to be negative or break-even while you prove out your model?
Miles Elmasry
Registering Home with Housing Authority for Sec 8
30 April 2024 | 1 reply
In Allegheny county, you can apply to be a preferred owner where you can get priority scheduling for inspections and even request pre-inspections of a property.
A.j. Silva
How am I (buyer) protected when purchasing land through seller financing?
30 April 2024 | 10 replies
Even if I am deeded the title at closing, am I able to recoup any equity in cases of foreclosure?
John Thomas
Beginner looking for coaching/guidance/mentorship
30 April 2024 | 43 replies
I can even get you in touch with some renovation teams and PM if you're interested in that!
Robert S.
Standing water in window well
30 April 2024 | 6 replies
You can still ask the builder to come back even if out of warranty.
Adrian Jones
How to refi cash out when you are an investor with limited income on paper?
1 May 2024 | 7 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.