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Hello Everyone!
So I'm reading through the ABCs of Real Eastate and am in chapter seven "Is It Really a Diamond?". I wanted to ask a question on the numbers people use when evaluating vacancy to get projected income...
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Prior to COVID-19, conventional loan lenders use 70% or 75% potential rental income of subject property as income when calculating DTI. I am told by 2 lenders that they no longer consider future income as income duri...
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Hey guys!
Have you used loopnet to locate your next investment property? Or maybe realtor.com? Or would you recommend just contacting a realtor in the target area and requesting some MLS listings?
Thanks!
Edita
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Trying to analyze a potential deal. Wondering if there are any property managers or investors who could give us their opinion on gross revenue potential for a completely updated 2 bed 1 bath cottage with private pool...
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We haven't had a section 8 tenant before but we are getting many potential s8 tenants looking at an open property that we have and chasing down information is becoming a time consuming process. It's my understanding t...
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I need to learn more about VRBO demand and what it takes especially in Southern CA area. Anyone here knows of the right sources?
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Hi, all! I'm looking into purchasing a single family 3/2 and househacking or finding a duplex, etc and rent out the additional units. Purchasing myself I'd need to buy next year. However, if I had an LLC would it be e...
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Hi everyone!
I am planning to buy a multi family property in Reno, NV and i am curious to know if lender will count rent income from the property.
I am planning to occupy one of the units and i am hoping that inco...
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I cannot go for this without first asking here...This looks like it will cash flow but I must keep in mind that I have to repay that HELOC or Refi in a year and cash out if possible.
Price: 123,500.00
Down :...
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I have a unique situation. I am trying to buy a 2-4 unit property in San Diego, California using my VA loan. I currently only have disability income and a small inconsistent income from my online selling business. I'...