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I've bee getting a lot of No's lately for the same reason over and over, my debt to income ratio. Any advise on the best way to get over that hurdle? The only thing I have is my primary home and student loans. Any adv...
Good evening all,Can I get opinions on the following situation: 2020:House Purchased: $225,000Down Payment: $45,000Loan Amount: $180,000Rate: 2.99%PITI: $1,436.63 2021: House estimated appraisal (estimated from comps)...
I want to buy at least one turnkey rental in Kansas City. If all other things are equal, which is the better investment -- a single family home in the burbs or a loft unit downtown? And which will be the better for ...
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What is loss of use coverage and is it really important!?
Loss of use is coverage that covers you when the property you are living in or renting is unable to be occupied due to a peril such as fire, flood, wind,...
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I’m attempting to figure out a rough estimate of my purchasing power and want to make sure I am doing it correctly. From what I understand, all monthly liabilities, principal, interest, taxes, insurance, mortgage insu...
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Looking at a SFH and below are my numbers;1. CoC ROI - 3.4%2. Closing cost is included 3. Monthly net cash flow: ~ $1264. A class property5. All the expenses are included In the above calculation. (8% repair) even tho...
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Hello I am a new investor and I’m about to make my first purchase. I’m wondering if someone can help me analyze a deal. I’ve used the BP calculator but I just want to double check. I’m buying a triplex for $278,000 (p...
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Hi to all, My question is after put down your percentage for loan and put in the all the factors to get cash flow, wouldn’t the funds spend on repair added to your down payment to calculate cash flow?
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I am looking for advice concerning seller financing. Im in the works with an owner about seller financing. Im the purchaser by the way. Has anyone completed one and have any advice? Suggest a legal advisor look over t...
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The idea of retiring early is a fantasy for a lot of people. For many, though, it will never come to fruition because they don’t generate enough investment income.Fortunately, it’s possible to fund your retirement wit...