Dionne Ladson
Private vs. Hard Money
12 March 2024 | 6 replies
From my experience, due diligence is part of the difference between the two and the interest structure (Dutch Loans vs.
Nicholas Keller
Seeking Mentorship in Real Estate Investing
12 March 2024 | 11 replies
Maybe they communicate differently but have good intentions.
Meghan Combs
Is there a Property Manager matching platform?
12 March 2024 | 4 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
Ryston Watts
First Property - Multifamily owner occupy
12 March 2024 | 7 replies
If so, one downside is turnover - you would likely have different tenants every year.
Karter Ringstaff
Seeking knowledge for fix and flip
11 March 2024 | 9 replies
This criteria is for 1-4 and 5-8 unit programs.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.
Zach Neff
Pulling money out of a property
11 March 2024 | 3 replies
Sales have been such a rollercoaster here I want to explore different avenues as well.
Dina Schmid
Analysis Paralysis on Personal Use + STR Vacation Home
11 March 2024 | 17 replies
Sometimes just have to see it from a different lens- it makes a difference once you get over putting that kind of cash in.
Jimmy Chien
Real Estate Investment Journey
11 March 2024 | 2 replies
I am seeking opportunities to learn more about real estate investing in different properties type and how to mitigate the risk.
Zachary Bannon
New Flippers in Boston Area
12 March 2024 | 12 replies
I do land, which is basically the same as SFR flips with a few differences.