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25 June 2024 | 6 replies
Light renovation of the kitchen and should be able to see increase of rent of $250-$300 month.
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28 June 2024 | 29 replies
This property is expected to yield $2300 per month in rent, with property taxes around $500, leaving $1800 in rent.
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24 June 2024 | 4 replies
Anyone have any knowledge on how to utilize their services with regards to this?
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25 June 2024 | 7 replies
I did not find it very useful and the monthly fee makes little to no sense.
24 June 2024 | 11 replies
Most hard money lenders will offer 8.75 - 10.00% on 5+ unit properties, depending on FICO, LTV, and Debt Service Coverage Ratio.
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27 June 2024 | 18 replies
My 0.88% rule on paper has turned into losing $300 to $700 a month with repairs called in by tenant on Class C#1.
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25 June 2024 | 10 replies
Class C cash flow on paper in reality is losing money each month.
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25 June 2024 | 6 replies
I had one single mom that only had to pay $25 a month, and she was late every month!
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23 June 2024 | 1 reply
.) - Many residential lenders now offer 'business loans' or DSCR (debt service coverage ratio loans) from 5-8-10 units.
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25 June 2024 | 14 replies
This could mean higher monthly payments or even the need to bring additional cash to the table.It's a tough situation because these kinds of deals, especially ones from 2021, are facing what we call the “kiss of death.”