Mike Day
HELOC on non-warrantable condo
18 April 2024 | 8 replies
If an investment property, there non-warrantable DSCR loan options.Some details:Loans available for purchase, rate and term refinance (no cash out) and cash-out refinanceCredits score down to 620LTV are up to 75% for purchase and 70% for cash out.Rate buydown feature available.DSCR (lower of gross rent lease or Form 1007/216 rent divided by PITIA) as low as 1.0x.For experienced investors (one year of investor experience and own home), short term rentals can be structured off of 12 month short term rental history with 20% expense factor.
Tanner Martillo
Looking For Guidance On First Investment
16 April 2024 | 10 replies
It's important to be aware of the risks involved, including unfamiliarity with the market and potential travel costs.
David Friedman
570 W 4th Street, San Bernardino
18 April 2024 | 16 replies
It's a little off the beaten path so it's not going to be a fit for a national retailer.
Rob Titus
Would appreciate some feedback for a starter that hasn’t started
16 April 2024 | 4 replies
[Im also aware that most lenders require up to 6 months of reserves.
Jeff White
How do I get to my 2nd door?
17 April 2024 | 3 replies
I stumbled into my 1st deal when my parents' neighbors decided to move and preferred to sell off market.
Tyler Case
Working with a partner
17 April 2024 | 10 replies
Being aware of your multiple exit strategys is important to know going into deals.
Tom Server
non LLC , use personal checking account to pay mortgage and bills or open a separate
17 April 2024 | 13 replies
If book keeping is not something you keep up with, then you are probably better off running all income and expense for the triplex through a separate account.
Lutfiyya Portier
What to do when someone name is holding you back?
17 April 2024 | 14 replies
It’s tough to be hostile against something you aren’t aware of.
Brendan Conley
Looking to upgrade keyless entry
18 April 2024 | 4 replies
Although I have had experience in the past with smart locks that strictly run off internet connection with a FOB/smart device, that can get messy, and annoying quickly for everyone involved.
Shannon Garst
Networking for an out of state investor
18 April 2024 | 10 replies
I also have access to off-market inventory in that area, as I am local in NC and would love to connect.