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11 December 2024 | 2 replies
Cost segregation can be utilized for many different scenarios such as new construction, properties already owned and newly purchased properties.
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16 December 2024 | 13 replies
Like you mentioned , the prices are going down because a lot of people thought you could just buy a property and slap it on airbnb , expecting it to rent well without doing improvements , not realizing that the market would be overstaturated with " C and D " quality properties ( A+ are the properties i'm speaking of)I'm seeing that you can buy those type properties( A+ potential) that have simply been under utilized and 1.
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13 December 2024 | 7 replies
Monthly expenses will include mortgage payments, property taxes, insurance, utilities (if applicable), maintenance, and reserves for repairs.You’ll need at least 3.5% for an FHA loan or 20% for a conventional loan, plus cash reserves.
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20 December 2024 | 28 replies
These companies and their leadership/owners don't care about anonymity because they understand how to properly operate their business i.e. avoid negligent activity while utilizing contract management systems ensuring all vendors are vetted with appropriate licensing and insurance and contracts with indemnification are in place.
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13 December 2024 | 6 replies
@Jay Hinrichs is correct.However, the following seasoning periods are what I am working with on the DSCR programs that I utilize for my clients.
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14 December 2024 | 6 replies
What do you think about refinancing FHA loan into conventional in order to utilize FHA loan again or does there have to be waiting period?
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11 December 2024 | 6 replies
Deductible expenses include a proportional share of mortgage interest, property taxes, insurance, utilities, and repairs.
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13 December 2024 | 16 replies
If you're looking for this service in Columbus, your investment will most likely not produce much returns if any.
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17 December 2024 | 14 replies
As for the refi side, DSCRs are an excellent tool to utilize as they are based off the property, not you as the borrower, so no DTI hits / personal income verification required.
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15 December 2024 | 7 replies
Some wholesalers utilize this strategy because the buyer does not see your wholesale fee.