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Results (10000)
Cole Baker What is DSCR at Purchase?
20 December 2022 | 12 replies

I am confused with what "DSCR at purchase" is. Does this not include the construction loan ? 
For example, when the DSCR is 3.00x and the Loan to Purchase is 68% , does this mean that NOI is 3.00 x the debt from a lo...

Cody Thayer Failing property on 15-year mortgage
13 December 2022 | 63 replies

Good morning everyone. So I’ll start by saying that I messed up!! I live in Nashville, TN but I bought my first rental property in Memphis, TN a year and some months ago.
My mortgage loan officer recommended a 15-ye...

Kevin Tillery CASH OUT OR RATE AND TERM WITH LATE PAYMENTS?
6 April 2020 | 1 reply

Long story short, I made an error in respects to an IR. Thought payments were prepaid for 3 months. Right before the virus madness, the lender I was in the process of refinancing with denied the loan because there wer...

Jeff Goedeker P&L excel template for rentals
23 December 2024 | 9 replies

Anybody have a nice profit and loss template set up on excel that lets you plug in your numbers each month?  Looking for it to be geared toward rentals.  Appreciate anyone willing to share.  Thanks!

Luis Sosa I either don’t get it or this deal does not make sense to BRRRR
2 August 2022 | 7 replies

Hello all, I am a full time firefighter/paramedic and a “part time” which is more like full time  real estate investor. I mostly do fix and flips but I am looking to add to my 2 door portfolio of rentals. I have zero,...

George P. IRS, Owner financing, and simple interest
29 September 2011 | 5 replies

Looks like the IRS dictates that the seller who sells on terms has to declare the minimum rate (I believe it varies but is around 3%). Which means that if you ask for and get a principal-only mortgage, the seller is g...

Gytenis B. Owner financing plan. What would you ask for?
31 October 2018 | 5 replies

Hello Colleague,I have a questiona bout the home owner finanting.A bit of background. I am a young working professional. Spending approximately 45% of my income and saying the rest for real estate investments.Because ...

Daniel H. Mortgage Principal
17 April 2013 | 12 replies

Noticed that the principal portion of my mortgage payment went DOWN from Feb to Mar. Looked back over the last year and it kind of jumps around, not always continuously increasing. Called the bank, they said it was ...

Anthony Power Ideal Interest Rate
22 July 2023 | 8 replies

I believe that the main reason nobody wants to buy right now is the interest rates? Please correct me if i'm wrong or missing something. With that being said and despite the current interest rates, what would be the h...

Alfredo Rodriguez Wondering regarding cash out refinance on a 4plex using DSCR loans …
2 April 2023 | 6 replies

I currently have a 4 plex unit near bucs stadium in Tampa FL. In this 4plex 3 of the units are rented through STR (Airbnb, VRBO) the four unit I have it rented to a tenant with a 1 year lease. 3 units- STR bringing 21...