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6 June 2024 | 4 replies
You answered your question in the last sentence - disclosures are required on conventional but not for DSCR - these are really aimed at overprotecting the consumer (non sophisticated or non real estate professional) - since DSCR Loans are 100% business purpose and for investors (and typically for experienced investors or non-first time buyers only), there is less need to overly disclose / overly explain everything in a disclosure since its assumed they are experienced and know the basics
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7 June 2024 | 4 replies
I decided to go with Innago property management software as it's basically free for both tenants and landlords ($2/payment to process ACH payments, which either tenant or landlord can pay.)
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7 June 2024 | 15 replies
This also is far to easy to set up Schills you have no clue if the people are real and just working for a fake lender..
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5 June 2024 | 2 replies
Please share recommendations on where to buy basic furniture (sofa, chair, end tables, coffee tables, dressers for bedrooms,etc) that will last through the years but also be reasonable.
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7 June 2024 | 2 replies
I think great to give people a book to read to answer their questions.The truth is if you REALLY want to get involved in something get ready to LEARN.If you can't be bothered to read a book for a week, you're not ready to invest.
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8 June 2024 | 8 replies
I believe you can set your name in TurboTenant to whatever you want and many people use TurboTenant as an LLC name.
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5 June 2024 | 16 replies
I highly advise you to reach out to people that are experienced real estate investors and ask them to mentor you.
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7 June 2024 | 3 replies
These are good questions for a CPA, not random internet people.
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4 June 2024 | 4 replies
Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.
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7 June 2024 | 10 replies
For context, my rent will just cover my PITI for my primary, nothing more--interest rate is 6.3% on a 300k home (so side question, are other people also just getting PITI covered by rent in North Dallas single-family homes, or am I just bad at this??