Lacey S.
How to overcome my DTI problem
I have been looking to buy my first buy and hold rental for about 18 months. I have enough cash on hand for a 20-25% downpayment and a contingency fund. I have an area and investment strategy in mind but when I went t...
Alex Turner
Who is using DSCR Loans?
DSCR or (Debt Service Coverage Ratio) loans are loans granted on the bases that an investment property will cash flow based on a 1007 Rent schedule appraisal. The rent schedule is based on LTR rents. The greatest adva...
Zach Schwarzmiller
Plumbing Question - Water Leak Under Concrete Pad Foundation
Greetings. I was sad to get a call from the City today letting me know my water consumption has doubled for this billing period. I just replaced 6 new water lines and meters in my building down the street and was hopi...
Venky B.
Dangers of buying homes built in 1900
I am looking at a home built in 1900 for buy and hold. I would like to know, what are the dangers of buying a home that was built that old. The home looks in good condition. One thing I observed is that the steps of t...
Christopher Za
Cash flow as percentage of expenses
Pretty simple question, that my searches haven't turned up.I understand cash flow, expenses, and the 50% rule. I also understand that people tend to look for a certain number for Cash on Cash return (e.g. 6-10%). What...
Tyrone Marson
First Buy & Hold property in Baltimore market area.
I will be closing on my first buy and hold 3/1 rowhome in Brooklyn Park. Thought I would share my experiences throughout this process. This is by no means a homerun deal, however the lessons learnt and that I will con...