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Results (10,000+)
Casey Eberly Insurance Policy On First House Hack Duplex
24 May 2024 | 2 replies
The purchase price is 225K and property was built in 1910 around the Harrisburg, PA area. 
Aaron St. Clair Interest vs no interest
26 May 2024 | 11 replies
He has all the numbers and can show you how purchasing a home on a 30 year mortgage is wasting 100's of thousands of dollars because of interest, etc. 
Ann Mclean refinancing and pulling cash out of a fully paid off investment property
25 May 2024 | 18 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 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Bethany Travis Best Contract for Wholesaling in GA
24 May 2024 | 2 replies
@Bethany Travis, the short and straightforward answer is to pay a real estate attorney to draft a purchase and sale agreement with an exhibit to assign the contract.
Lucy Nguyen College Station for rental - yay or nay?
24 May 2024 | 5 replies
Overall, the state is quite overpriced, mostly due to the Texas hype.Based on your description, I would guess you are looking at a purchase price of $325K and rental of $2000 or so. 
Eli Donoso An introduction to Elijah
24 May 2024 | 5 replies
I am currently looking to purchase an investment property.
Michael Hoover Yes or NO?... Small Portfolio Buyout from tired Landlord- Rural area of MS.
25 May 2024 | 11 replies
I normally purchase very cheap homes, remodel, refinance and rent.
Stacey Jordan Interested in Learning to Make Smart Investment Moves
24 May 2024 | 0 replies
Purchase price: $575,000 Cash invested: $140,000 I live in the house that I bought it as a long-term investment.
Eric Olsen Should I Buy This Property (First Time Buyer)
24 May 2024 | 6 replies
After sitting on the sidelines trying to get into real estate investing for several years, I have the opportunity to purchase a 1 bed, 1.5 bath home in a desirable part of the California desert.The purchase price is $299,000 with a 7.3% interest rate and 3% down.
Isan Sahoo What's the STR forecast for 2023?
24 May 2024 | 100 replies
Also people who make money by having people purchase STRs have vested interest in under representing the associated risks.