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?
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...
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...
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...
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 ...
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...
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...
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...
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...
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.