Arti Ta
Investment mortgage rates
16 November 2023 | 14 replies
If you are seeking a DSCR loan the 3 pillars of this type of finacning are- Credit- FICO- DSCR ratio (should be at least 1.00x +)I am seeing strong borrowers with 75% ltv and great DSCR scores swim in the rates of 7.500% - 7.990%
Robert Pritchett
Best states for multi family investing?
10 September 2023 | 22 replies
This is the largest private investment in state history.
Collin Hays
Avoid investing in the "captive" vacation rental
13 January 2024 | 5 replies
In the vacation rental world, there exists vacation rental communities that include amenities such as a swimming pool, club house, picnic area, etc.
Account Closed
What's the best city in Florida to invest in?
2 September 2019 | 40 replies
It is the largest employer in the area and keeps demand for housing high.Lakeland lies right between the Tampa and Orlando metros, so it is emerging.
Samantha Soto
Rule of Thumb for cash reserves?
3 January 2017 | 8 replies
Personally, I would say to keep the largest CapX replacement you can think of +3 months of "absentee" coverage.
Matt J.
Pueblo, CO...the next Colorado Springs?
29 September 2019 | 16 replies
There aren't any major companies moving to the area that I know of (the largest employer is the hospital followed by the school district, Vestas is building wind turbines there and EVRAZ may be expanding their steel operations which could be good for the town although steel has historically created a volatile boom and bust cycle which has lead to much of the blight and urban decay that is visible throughout the area) and the population is mostly stagnant.
Andrew M.
First Rental Property Redford MI
12 April 2018 | 7 replies
Rent has not been raised in years and is currently about ~$200 less than what I think it would rent for, ~$950).My largest concerns are managing a property that will be an hour away from me (especially on my first deal), and possibly finding a good property manager if I decide I need one, does anyone have any recommendations?
Korey Hodges
Mobile, AL 36606 area
18 December 2019 | 7 replies
Third Largest City in Alabama with an unemployment rate of 3.5%.
Michael Rone
Houston market vs Las Vegas market
20 September 2019 | 5 replies
Houston is the 4th largest city in the US and the largest in Texas, with over 2.3 million people residing in the city of Houston and more than 7 million throughout the entire metropolitan region. 2.