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19 February 2024 | 1 reply
Depending on what they paid for the property, there may be no negotiation.
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19 February 2024 | 4 replies
Their business model depends on obtaining a property at the lowest price possible, so they offer far below market value hoping to be able to re-sell the contract for the actual market price, depriving Ohioans from equity in their home,” said Huffman."
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20 February 2024 | 5 replies
@Carolyn McBride this is HIGHLY dependent on where you are in the country.
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20 February 2024 | 9 replies
These should be all line items and depending on the size of the asset, can fluctuate significantly.
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19 February 2024 | 7 replies
This is doable depending on your experience and the current state of the property.
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19 February 2024 | 3 replies
Quote from @Peyton LaBarbera: I am overwhelmed by the number of different formulas that are out there for rental property investing and I don't want to overpack for lack of better words my investing formula arsenal so I would like to know what ones are the best to use and whyThe ones I currently use include: COC, NOI (and NIAF), Cap rate, ROR, ROI, and IRR=But I also have heard of NPV, I am also not including any "rule formulas" aka 1% and 50% as those are simply guidelines to follow and not complicated formulasLet me know if I am missing any or don't even need to use some of the ones I am usingThank you,Peyton LaBarberaIt depends what you are focusing on.
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15 February 2024 | 12 replies
Most DSCR lenders will be able to finance you at a 650 score, with a handful at 620.
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17 February 2024 | 0 replies
Unfortunately, even though my DTI and credit score was good, the underwriting was not so good because I had gone through a debt consolidation program not too long ago which, as some may know, requires you to stop payment on debt for a period of time.
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18 February 2024 | 5 replies
Depends on repairs you’re doing.
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18 February 2024 | 8 replies
Depending where you buy on the island, the short term rental market is saturated.