Jeremy Host
Overhanging Tree Limbs
13 May 2024 | 6 replies
Another tact: suggest that if they do not feel safe in the property, they may move.Keep investing and moving forward.
Hari Narayanan
ADU and Topo/Boundary Survey
14 May 2024 | 5 replies
More about surveys:A planimetric survey maps out the existing conditions of your property, including the layout of buildings, trees, driveways, and other significant features.
Jonathan Jogiel
St.Louis Missouri Section 8 experience
14 May 2024 | 1 reply
Section 8 may feel like guaranteed money, but they can stop paying or pull back funds at any time for a variety of reasons.
Dan Thomas
Hitting snag with Gov't bureaucracy in permitting
14 May 2024 | 17 replies
Many small engineering contracts include dealing with comments from the applicable jurisdictions.
Cliff Durrett
Advice needed on a short sale in FL
14 May 2024 | 2 replies
The RE Broker feels to try to short both, but not sure why they even think thats possible.Other groups to post this in?
Sean Haran
Can I put a HELOC on an investment property? Plus general advice on this deal…
15 May 2024 | 9 replies
Most HELOC lenders will go up to 70% CLTV (this includes your 1st and HELOC amount).
Ally Alvarez
How should I prepare myself for a local real estate meetup?
14 May 2024 | 4 replies
I went to ALL the meetups including ALL the pitchfests.
Sebastian Durden
Question about partnership structure - how to split properly?
14 May 2024 | 1 reply
You can spell out all of the different scenarios that may occur in the operating agreement including splits and ownership.
Zach Knoll
The Importance of Hobbies
14 May 2024 | 2 replies
.🌱 Whether it's painting, hiking, cooking, or playing an instrument, hobbies give us a chance to relax, get creative, and just feel good.🧘♀️ And here's the kicker: hobbies are like natural stress-relievers.
Aaron Gallington
80% LTV Duplex Cash out refi
15 May 2024 | 8 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 = 1.23As mentioned earlier in the post, DSCR lenders generally let you vest either individually or as an LLC.