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20 July 2024 | 11 replies
Best, Justin Hi Justin - as you've noted - DSCR Loans are typically the best bet for this (Mid Term Rentals) and typically are for these newer/innovative strategies as DSCR Loans are typically done by private lenders that can move and adapt fast (versus slower moving lenders that must follow GSE guidance or banks that are under a lot of regulation and bureaucracy)Check out this article published at the end of last year here on BP that talked about "whats coming next for DSCR Loans in 2024" - Medium Term Rental financing solutions was one of the main topics!
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19 July 2024 | 4 replies
@Marysue Connelly I just spoke with one of my tenants last week and she mentioned that she's been using a Bilt Credit Card to pay rent to me.
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17 July 2024 | 3 replies
It's been a while since my last post so I thought i'd post an update on how things have been going for me in Kauai.
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18 July 2024 | 9 replies
They recognize that some opportunities are better than others and price is not always the best differentiator and they learned that from their experiences operating over the last few years.
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20 July 2024 | 2 replies
Hey Moises, hope all is well.
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18 July 2024 | 6 replies
Looking to invest in this offering as well.
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19 July 2024 | 2 replies
Last thought is that it is so much easier to get one on your primary residence vs on an investment property.
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20 July 2024 | 9 replies
Me and the tenant signed an Agreed Dismissal Order from the court that she will move out by last month, which she did, and she will apply for the Court Based Rental Assistance Program through Will County to pay the owed rent to avoid Eviction.
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17 July 2024 | 8 replies
My concern in your post is this - "For the last few days".
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19 July 2024 | 2 replies
This is a great time to look into the New York multi family market.Brooklyn has seen the highest percentage increase in inventory (74%) compared to other NYC metro area counties since last year (source: oneKey MLS).