Erik Aybar
Seeking to understand why high crime markets are recommended for multi-family
21 July 2024 | 7 replies
You never know what someone is actually referring to.
Don Konipol
Wealth Building vs Cash Flow
21 July 2024 | 2 replies
Let me know (1) what you think of this wealth building technique (2) wealth building techniques you used or would like to use and (3) my proposition that investors should concentrate on wealth rather than cash
Germán Rimoldi
Down Payment Requirements for Investment Properties
21 July 2024 | 2 replies
When you get under contract tell all your potential lenders know you are under contract, let them know they are competing against the other lenders, and to get you their best/most favorable terms by xxx time on xxx day.
Eric Wong
Is it possible to cash out refinance free and clear investment properties?
22 July 2024 | 17 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.
Douglas Skipworth
Marco Santarelli talks out-of-state investing at Think Realty
21 July 2024 | 3 replies
He really knows his stuff!
Alan Asriants
What are you experienced renting by the room? - Househack
22 July 2024 | 11 replies
I personally know several families with spouses and children that rent out a portion of their home (finished basement/private entrance room, etc.) that offset their mortgage substantially.
Benjamin Coleman
Property Management Recomendations
16 July 2024 | 2 replies
You can also check their reviews online at Google, Facebook, or Yelp.
Jarrett Harris
Start Eviction Process or take Tenant's word
21 July 2024 | 54 replies
Sometimes the tenants just move out.The only negative is if they know the system, they then realize they can stay even longer.
Naseema Subrati
Looking to Start Investing in Ohio or PA.
17 July 2024 | 32 replies
Let me know if you have any questions, I am more than happy to be a resource.
Thomas Guillemin
short term / middle term rental in Tarpon Springs
22 July 2024 | 7 replies
If you need any advice or want information on how to do this, just let me know; I would love to help.ThanksAhmed