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29 March 2024 | 0 replies
Many lessons learned, how to identify a stick built house and a manufactured house and that the appraiser is different for both types.When the property you buy is divided into 2 different townships, who takes care of what utility.
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30 March 2024 | 7 replies
I'd be happy to connect you directly to my client's at different price points who've made the jump into a primary with hope of doing owner occupied airbnb.
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29 March 2024 | 7 replies
I’m interested in learning all different ways and strategies to find my own path.
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29 March 2024 | 1 reply
Hello,Looking for a mastermind group that I can attend virtually and sometimes maybe host get togethers in different areas of the country?
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29 March 2024 | 3 replies
The report covered the overall costs of three different triplexes all neighboring each other and built at the same time and dimensions.
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29 March 2024 | 9 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.
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29 March 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.
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29 March 2024 | 17 replies
@Darren Eady thanks man, I'm certainly beginning to learn that there are a number of different ways to go about this process.
29 March 2024 | 4 replies
People who don't own dogs casually call about a dozen different breeds "pitbulls," including some boxer mixes.
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29 March 2024 | 2 replies
We have seasoned investors and access to different lending platforms.