Good evening BPers,My parents are in their late 60s and early 70s, both are looking to retire in the near future. Their retirement income/expenses projections show them running a $4k/mo deficit. The idea is to secure ...
looking into getting a dscr loan 80% ltv.$120k down paymentDebt service PITI will be $4600/mo Gross rents $11000/moratio of 2.39My credit is 750 Unless im missing something, i should be able to get a DSCR mortgage on...
Here is the entire report.......shows that 49,059 U.S. single family homes and condos were flipped in the first quarter of 2019, down 2 percent from the previous quarter and down 8 percent from a year ago to a three-y...
https://www.nysenate.gov/legis...
The above bill is very concerning to me. I have diligently paid off most of my mortgage debt and now rely solely upon rents from my very modest portfolio of properties. How can it be...
So I've heard a few investors on the podcast spit their numbers after a BRRRR and all of them said they cashflow. But using the 50% rule of thumb as a conservative start to estimate capex/vacancy/repairs, they did not...
pls comment, i am thinking of buying it
Do lenders typically use net or gross rental income when calculating DTI?
I've been trying to make some serious dough since I was 16 years old. Now I've just turned 23.I've bought and sold bicycles on craigslist.Bought and sold furniture.Sold handmade woodcraft at the flea market. Then I ca...
Hi, Question on whether or not we should apply for another HELOC and how that may affect our ability to refinance into a conventional loan later on.We currently have a $150000 HELOC based on a few rentals. A little ov...
Gross Domestic Product (GDP) per capita is often cited as a measurement of a nation's development or economic capacity. However, we rarely or never read much about Gross Metropolitan Product (GMP) per capita. GMP mea...