Parker Ernsthausen
LOOKING FOR INPUT ON NEXT STEPS TO SCALE - Mid Level Investor
21 March 2024 | 9 replies
We will be selling one high equity house with low cash flow, and transitioning into high cash flow houses in an area where we already own houses.
Mel-Drick Green
Starting Our Buy & Hold Portfolio
20 March 2024 | 4 replies
You will have those expenses sooner or later.
Amanda Ferguson
Refinancing Investment Properties
21 March 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.
JD Martin
Realtors Association agrees to settlement to eliminate fixed fees
19 March 2024 | 30 replies
Yes, the worst agents will be advertising some low fees on their end.
Jean Carlos Pichardo
First Time Buyer - Duplex House
20 March 2024 | 4 replies
Good news is low money down conventional mortgages are easy to come across.
Annwar Matani
New to Out of State Investing
19 March 2024 | 17 replies
I am looking at different markets but I am interested in the Cleveland Market for various reasons, but most of all the low barrier of entry.
Matthew Masoud
Hot take: Personal booking websites for your STR are Mandatory
22 March 2024 | 22 replies
.- Marketing for Gurus as mentioned in the other post, many gurus use this as an opportunity to try to sell expensive courses.
Account Closed
Flipping homes in Los Angeles
20 March 2024 | 21 replies
The inventory is still too low.
Pope Lake
Adding Solar Panels on a House
19 March 2024 | 11 replies
Back a couple of years ago, there were financial government incentives to install the panels as well as very low (or possible no interest) loans.
Ryan Marble
HELOC to buy STR's?
20 March 2024 | 13 replies
The cost of money would be considered an expense.