Nana Qwequ
Establishing credit worthiness
19 July 2021 | 6 replies
@Nana QwequBanks also consider other factors like the debt coverage ratio depending on the type of loan or the type of property you’re trying to buy.
Joey Hering
Question for Lenders about Appraisers
20 July 2021 | 2 replies
What are key factors that weight into who you chose, and why are those important?
Antonio A.
Vacation Homes & 2nd Homes to avoid 20%
20 July 2021 | 7 replies
Agree with Jeff's comments on not being able to factor in income.
Justin Tylus
Personal Loan for Down Payment
19 July 2021 | 5 replies
When using a secured loan as help for a down payment you will need to factor in that generally at least some reserves are needed depending on the loan type you go with.Best of Luck!
Matthew Mulrenan
Hungry New Investor recently graduated from Temple University
21 July 2021 | 7 replies
As exciting as it is to immediately think scale, there can often be problems/unknown factors that arise with the first few properties.
Kira DAnnunzio
Is this a crazy security deposit idea?
25 July 2021 | 4 replies
I think it is unlikely and may even add a stress factor to the tenants.
Arsenio F S Jorge
Miami rentals property investment
19 July 2021 | 1 reply
Multi Family - also expensive, and, many factors result in high prices here.
Jaiwoo Kim
How much can I charge for $100 profit? newbie
20 July 2021 | 6 replies
Don't forget to check market rate in your area and factor in maintenance in your cost calculations too.
Brandon Bucher
Starting Out (NY-Westchester Area)
21 July 2021 | 1 reply
You can get into your first property with as little as 3-3.5% down but when you factor in closing costs, attorney fee, inspection, appraisal and miscellaneous expenses, you're looking at an ALL-IN 10% up front expense for your first deal.In addition to boosting your buying power through saving and building your credit, you should also be building your network.
Garrett Christensen
ROI for BRRRR Deal (Lower Appraisal = Higher ROI???)
20 July 2021 | 7 replies
There are other factors to real estate then just cash flow, and in many markets those other factors are where wealth is created.