John Thi
Rent-to-Value (RV) Ratio
Does anybody know the correct way to calculate this ratio? I have seen two ways on the internet.House Value $200K and monthly Rent is $900 - This is an example1. Monthly rent 900/ 200,000 = 0.005 Ideal valuation measu...
Nathan E.
FL Condo Deal, Would You Take it?
I have a verbal contract for a 2 br 1 bath condo. This is my first investment property purchase so I am analyzing the heck out of it and looking for advice from the experienced community.
Purchase Price: 65,...
Todd Harvey
Impact of discharged debt (paying but not reaffirmed on DTI )
In general, How is DTI measured in relation to discharged debts still being paid but not reaffirmed?Details:4 years post chapter 7 bankruptcy, how is discharged loan debt that the home owner is still paying looked at ...
Dean D.
How to objectively estimate a properties relative value
I apologise if this post is a bit long winded, however, I am starting to look at my first home purchase (will be house hacking as per Set For Life by Scott Trench). As such, I am trying to understand how to objectivel...
Logan Clark
Do credit unions typically fund rehabs/property investments?
I am reaching out to lenders as a proactive measure to build my Power Team. I've reached out to several local banks, but there are also a lot of local credit unions in my area. Do they typically lend on rehabs/rental ...
Jonathan Yeh
Which rate would you go for?
Hey guys, I've recently purchased a preconstruction (Alberta, Canada), and my mortgage guy offered me two rates, and I need some of your expertise in this.
1. 25 year period at fixed 2.54%, which comes down to about ...
Henry Omenai
Believe in your own ability to succeed
Measure success by having measurable goals. It is going through the process that leads to the desired end result. There will be challenges, we know that going in. So don't wish for less problems, wish for more skill. ...
Martin Z.
app for plotting floor plan for office space?
I need to create a floorplan for 2,400 sf of office space, I've noticed several free android apps out there, which one would you use?thanks
Julie Verardi
Buying mixed use building.
What are the pros and cons of buying a building that one unit is commercial space and the other two are residential? I currently own a condo in Jersey City and a multi family. I just did a refinance and am looking to ...
Henry Grayson
Housing Inspector requiring retrofitting of windows
Hi all,First post here and I couldn’t find it answered anywhere else - I have a 2-unit in Portland Maine built in 1920 and for the first time this year the fire safety inspector measured my upstairs bedroom windows an...