Susan McBride
Creative Purchase / Sale Agreement
20 May 2024 | 10 replies
The Agreement also states that he will be subject to the terms and conditions of the Lease Exhibit A while living in the home.I have two concerns: 1) in this type of arrangement, would I be able to evict him if he defaulted on the payments?
Blanca Munoz
Seasoned Investigators or New
21 May 2024 | 2 replies
If there are any real estate investors on here that live in Fort Worth, Texas, would y'all like to meet up?
Andrew Low
Refinancing Hard Money Loan into a different loan
21 May 2024 | 4 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.
Matt Bowman
Paid help to furnish STR with pre-owned local deals
22 May 2024 | 6 replies
Late last week we went live on booking platforms, and while reservations are slow, we received our first booking for Memorial Day weekend.
Kristine Ann
"Detective Work" on a Foreclosed Property (Calling the Utility Companies)
21 May 2024 | 12 replies
It sounded like they suspected he was not living there but couldn't figure out where he was.
Adrian S.
Beginner House Flipper trying to figure out financing
21 May 2024 | 9 replies
Painting houses a neutral color is the easiest and least expensive way to get houses rented or sold.
Alex Locklear
How much caulk?
20 May 2024 | 11 replies
That is likely a small expense with regards to painting the house.
Richie Hecker
How do tax lien purchases work in NYC / how can i find lists and auctions?
20 May 2024 | 1 reply
If you win a bid, you are inheriting an expensive headache, a safety concern, and a tax liability.
Jonathan Greene
Do These 3 Things To Choose An Out-Of-State Real Estate Market To Invest In
21 May 2024 | 2 replies
List every town you have ever lived in.2.
Kimberly Mckell
Real Estate Investor
21 May 2024 | 17 replies
I just bought a home in San Antonio Texas last October after living in Utah for 30 years.