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24 April 2024 | 7 replies
My main issue is Nick Weaver, one of the 3 partners at this group.
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23 April 2024 | 16 replies
Its really no different than if you did it on your own home, then needed to move so you sell it.
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25 April 2024 | 8 replies
So now myself, along with every other land lord I'm sure, will be raising rents to cover as much of the difference as possible...
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25 April 2024 | 7 replies
Now depending on where and how much you are all in can make a difference.
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24 April 2024 | 6 replies
While I already own some properties in Europe, this year marks my first foray into the US market, specifically looking to invest in the Tampa, Florida area.I'm reaching out for two main reasons:1.
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25 April 2024 | 15 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.
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25 April 2024 | 16 replies
However, time in the market makes all the difference in the world!
24 April 2024 | 18 replies
-The midterm rental also has a new, main line leak that we are getting looked at tomorrow with leak detection.
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23 April 2024 | 28 replies
The main reason I decided not to do it is the distance from the golf course start and my cabin.
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22 April 2024 | 1 reply
I have been buying rentals for a few years and I was looking for an investment that I could have the opportunity to have different streams of income for.