David Orrick
[Calc Review] Help me analyze this deal
22 April 2024 | 1 reply
Even if this was your primary residence, I don't think you would get that.
Bryan H.
I have 2 rentals and a primary. What should be my next move.
23 April 2024 | 11 replies
Even if you found a property producing a 15% return on investment, that's only a 5% gain.
Gabriela Angel
Meeting our first tenants tomorrow
22 April 2024 | 17 replies
Operate honestly even though it won't always be the easiest choice and that you won't always get that in return and you will have nothing to second guess or regret later.
Karim Smail
BRRRR startegy when you do a refinance cash out
23 April 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.
William Coet
Is This Irresponsible or Sophisticated?
22 April 2024 | 9 replies
If you could make it break even on a 15-year note, that would be an entirely different story.
Jessica Hamilton
Multifamily in Appreciating Market
22 April 2024 | 19 replies
Not necessarily looking for cash flow but wanting to break even at least.
Benjamin Spiegel
Redwood Breaks Bridgeport, CT, Commercial Sale Record on a Price Per Unit Basis
22 April 2024 | 0 replies
Evicting two problematic tenants was a challenging process, even though we managed to remove them quickly.
Arshiya Taami
Loan Officers I need your advice!
22 April 2024 | 6 replies
Then I would partner up with a flipper, maybe even wholesale some deals to get started.
Koushik Saha
Need Advice on Financing a new purchase
23 April 2024 | 12 replies
Hi Nicole, 25% gives me cash flow, 20% breaks even.
Jordan Mummau
Taking Outside Investment in your Deal... What's the Structure?
22 April 2024 | 1 reply
If I get 80 or even 75% cash out at refi I will have replaced my purchase and rehab costs.