Although having a higher DTI will not directly increase your interest rate, it will impact the loan programs you may qualify for and indirectly limit a buyer from a potentially better option. - What factors of a mortgage can vary from borrower to borrower?

That being said as I still have concerns as we explore syndications further: two being being earnest money and timing.Let's say we're looking at a potential deal that has a purchase price of $13MM, so we would probably need to raise $5.5MM-ish  with a fixed rate agency loan product like a Fannie/Freddie and including renovation cost.In a typical 1% EMD scenario we would need to come up with $130,000 shortly after executing the PSA.

Philly sends notification of potential leak after 96 hrs of continuous use, I got a plumber in today and possibly issue with toilet but its not confirmed as nothing is leaking consistently.

Hi, My name is Miguel,My wife and I we have a household income $140k/year.we have a 30year debt loan (220k with 2.4%interest rate)we have 45 and 42 years old and 3 kids (4),(7)(10)we have now $600k in cash right now 1/2 invested by our self in stocks from savings last years but consuming a lot of time and energy to do that, and the other 1/2 of the money came money thay we inherited and is right now still managed the same financial advisor that they were managed before the money without great results for the moment in the last couple years.we would like to keep just focused the next 10-15 in our kids and our work, but we would like to maximize as much as possible our networth to be in a good financial position for us  and our kids when we cross the 60 years old border!

Maria Elena Durazo, D-Los Angeles, that would critically hinder your ability to effectively manage and invest in rental housing in California.Here's how SB 567 could negatively impact you:Restricts your ability to move into your property: This legislation introduces a restrictive definition of an "owner," potentially preventing you from moving into your own property if you or your family needed to do so.Obstructs essential repairs and renovations: The bill could obstruct your ability to repair significant property damage or to conduct necessary renovations, even when tenant safety is at risk.Complicates property sales and investments: The bill introduces unnecessary obstacles if you're a small property owner looking to exit the rental market or sell your property.Your urgent action is required to oppose SB 567.

Hi BP community,My wife and I currently live in Brooklyn, NY and are potentially looking for a summer home / other season Airbnb rental up in the Hudson valley (max ~2 hours from the city).

Thanks so much, I am new to all this and don't want to waste time or money.Hi Brian,It's great that you're being cautious with this potential property purchase in NC.

Hey mate,Great to hear from you.All is good in my hood lolCan't complain mate.Still doing turnkey but with reduced volume (We prefer it that way.)Decided to pull back a few years ago and stop chasing records and extra $0,s lolI feel like everyone and their dog is in Toledo now which is cool as I'm not the only 1 waving the flag 😁Believe it or not, property management has taken lead within our operation.I use to despise property management for so long but ever since we got things in order (Around 5 or so years ago), I started seeing the amazing long term potential that it offers from a business standpoint but also an after service standpoint.I visit the Big D regularly and love it.Will be in the area in mid February so let's catch up of you guys are free.You guys still chipping away with turnkey and PM?

We knew that the rents were way below market and by fixing it we would have a potential gold mine How did you find this deal and how did you negotiate it?

Alternatively, explore conventional loans with higher down payments for potential flexibility and lower rates, or check out private lenders for more complex projects.