Noah Weitzman
Principal Payment Quandry....
Hello! Thanks for reading this and for the help. For all you short term rental owners out there, when you are calculating your return (cash on cash) are you including principal as an expense, income, or deferred until...
Elliot Runkle
First steps to start?!!
Hey I’m 20 years old and I’m trying to get into investing into real estate the right way. My father in law does flips and rentals but does everything in cash. It would be very slow and hard to scale for me to try this...
Lea Mitchell
Putting Extra Money Towards Rental Mortgage
Hello everyone,I have a rental property in which I am currently netting about a $-200/per month negative cash flow. Back story is that I got a job overseas and had to rent out my condo ASAP so that I am not stuck wit...
Leslie Mangrum
Rent due how do you accept
Hey!! I’ll be ready for tenants soon just curious how are you accepting rent? Cash, check, online payment?
Ron Singh
Cash vs Debt impact on DTI
Trying to see creative way to plan auto loan and how it may impact on my next mf residential mortgage How bad it may impact on DTI if I have big auto loan, while applying for next investment property mortgageShould I ...
Emmanuel Ola
Urgent Advice Needed: Choosing the Best DSCR Loan Option Before Closing
Hello,
I am in the process of purchasing a property for $160k and plan to put 30% down with a DSCR loan over 30 years. My goal is to pay off the loan within 5 to 10 years.
I’ve spoken with a broker and received the ...
Steve Candor
Warning: Bank checks and Certified Checks are NOT like CASH.
I just found this out and it could have been really bad situation.So we collected a certified check for the rent and security deposit. After the tenants sign the lease (guarantor has not yet), paid the rent, they deci...
David U.
Evaluating between two options
Hi everyone, I'm trying evaluate between two options. I currently have to apartments that I rent out. Both are owned without any debt. One is STR and one is LTR. After all fees, taxes, management and cleaning, i have ...
Account Closed
Loan for second investment property
HiI already own an investment property and I had enough down payment saved up for it so getting a loan was not a problem. I'm looking to buy another property out of state in Cleveland, OH area. I want to start small w...
Josh Mitchell
More Cash Flow on properties!
This may have been in another post, but thought I should bring it back to light.I think that not enough of us know, or take advantage of what most banks call a "re-cast" or "re-amortization" on a loan!! Typically, wit...