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16 September 2024 | 13 replies
Rate is reasonable at first glance but yes rates are moving down and should continue to shop, get quoted, can be major changes day over day10% Down DSCR doesn't exist and has never existed to my knowledge so I wouldn't count on that15% down does exist and is rare, however as others have noted, usually it doesn't actually work since the restrictions, such as a high DSCR ratio or LTR only rent qualification (and high rate environment) never let the numbers work however as rates continue to fall we may finally be able to see some 85% LTV DSCR Deals actually pencil again!
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11 September 2024 | 1 reply
Hello all,
I am currently pursuing a Master’s degree in International Real Estate and have 17 years of experience in the construction industry in my home country. While I am new to the real estate market in the USA, ...
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17 September 2024 | 10 replies
My goal is to not make my first offer so generous that the seller accepts it without making a counter offer.
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8 September 2024 | 168 replies
I'm a first time homeowner and just purchased my condo one year ago.
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16 September 2024 | 7 replies
It depends on if you got to the level of a trade or busienss which would determine if its ordinary income or not.Then the amount of time you spend on the business would determine if its passive or non-passive.
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16 September 2024 | 6 replies
I also wholesaled previously in Baltimore and had a Carrot site in 2014-2016 range before we launched InvestorFuse (We ran PPC traffic to it using AdWords Nerds at the time while working on SEO.)I wanted to shoot over a few bullet points of data from a recent Performance Report and some feedback from a Product Analyst on our team.
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10 September 2024 | 2 replies
I see this come up on the forums from time to time and as a mortgage broker myself here are the strategies I implement to work with great lenders1.
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13 September 2024 | 12 replies
Some lenders allow you to go up to 90% combined loan to value meaning whatever your balance on your first mortgage is plus the equity loan can go up to 90% of your homes value.
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14 September 2024 | 5 replies
The first line of item #1 of the note should be:Who is that.
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13 September 2024 | 23 replies
First capital outlay is long before any income.