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Hi, if I lease my house to a tenant, and the tenant has an option to purchase, will DSCR lenders look unfavorably upon the tenant's purchase option? Are DSCR refinance loans ever approved in this case?
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This thread comes out of another forum discussion where I was asked about the KPIs (Key Performance Indicators) that my families' property management companies track. We have a management company in Memphis, TN. that...
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Greetings Gentle Readers!Today's topic is one that is of some concern to multifamily apartment owners currently in a laundry lease or thinking about signing a laundry lease."Commissions" is a colloquial term used by l...
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Howdy Bigger Pockets.I've been wondering around the site for a few months trying to find some answers, which I have, but figured I better post up and hopefully get a bit of varied responses to my most pressing questio...
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Good morning All,
I've been real estate curious to the point of obsession for about a month now, but in that time I've started to develop my tentative plans. I thought it prudent to run some questions by the plethora ...
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Hello BP Fam,Most DSCR lenders I've spoken to have a penalty for selling a property within the first 5 years of purchasing the property. Does anybody know of a lender that has DSCR loans that do not have this penalty...
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HI there-While I haven't posted a lot here, I've been listening to BP podcasts and reading the blogs and articles for the past 6 months. My question is...how do you rate properties? I'm pretty clear on what an A prope...
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Curious what everyone does to keep track of all utility accounts and monthly bills for your properties. We have 7 units across 3 properties right now and varying accounts for each one - Gas, Electric, Water, Trash, Se...
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Hi,
I have a SFH1 (4bed/2bath) in which I live with my partner and kid and occupy fully. I also have another SFH2 (4bed/2bath) 20 miles away. In SFH2, I rent a couple of rooms out and keep the rest for my personal us...
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Hi everyone,I’m considering a turnkey real estate investment and wondering what are the real month to month cash flowing numbers you get from companies such as Morris Invest, Norada Investment, JWB, etc..Thank you.