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9 August 2024 | 6 replies
Let me know if you need anything.
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8 August 2024 | 10 replies
I dont know them specifically but generally most programs like this are based on an upsell to a more expensive program.
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8 August 2024 | 46 replies
I own some so know first hand.
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8 August 2024 | 2 replies
I’ll be out of state, which I know is a big red flag for many.Well below 1% minimum of Rent/Property ValueHoping to self-manage (Yes, another big red flag)Loss of capital gains exclusionMONTHLY SUMMARYRental Income $3,500Less ($3,440) Mortgage (2,900) HOA (390) Rent Ins (150)Less ($1,155) Property TaxTot Exp ($4,595)Rev: ( $1,095) !!
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6 August 2024 | 38 replies
If you need any help, just let me know!
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8 August 2024 | 1 reply
He genuinely wanted to know.
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5 August 2024 | 16 replies
Hi Carlo,As mentioned DSCR loans vary widely based off of numerous factors, credit, LTV, Prepay type, DSCR Ratio, just to name a few.However, I am seeing rates as low as 6.625% now on DSCR products in a perfect scenario.In scenarios with low credit scores, high LTV's and short prepays we can easily be in the 9's.When looking for a DSCR loan to fit your needs, I recommend getting in touch with someone who knows what they are doing to pencil the loan in your best interest.Glad to connect and get into more detail!
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5 August 2024 | 2 replies
Just keep in mind this is a typically one and done type of financing as it requires owner occupancy.Neighborhood quality is crucial and cannot be overstated.
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8 August 2024 | 8 replies
If you don't know how to do this, without mistakes, then hire an attorney.
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8 August 2024 | 5 replies
There is a lot of advice I can give, but start by offering only a few loan types and work with a select number of lenders until you know the ins and outs of the process.