Do DSCR loans affect personal DTI if they are in an LLC?If so, it seems like having a few DSCR loans would make it difficult to qualify for a Heloc on a primary residence or even a car loan, for example. Also, are DSC...
Good afternoon, I am a first-time investor looking to get started with my first property.
I've for over a period of 2-months been looking at properties in the cheapest neighborhoods in Philadelphia, namely those wit...
Hi All,Looking to explore the Chandler market in Arizona for an investment property. Would love to connect with an experienced real estate agent there or someone who is familiar with the local market here.CheersSuren
So I have 10% for a down payment, my parents are going to give me another 10%, my plan was similar my to buy a house, live in it for a year, and after rent it out. I recently got married in the state of Florida. The p...
Hi guys!I'm partnered up in a duplex that has joint title with me and my partner out in Phoenix, AZ. Our original numbers were as follows.Original Numbers-$309K Purchase Price at 4.875% 30 year fixed-$278K Loan Amoun...
Hello everyone, how much do you set aside for repairs each month when analyzing a property?
The property has not be bought yet, has not been seen in person, the property is just listed on a website.
This
question...
I have a goal of paying off at least one commercial (high hassle) mortgage and 2 higher rate residential mortgages this year, in 2017.So far - the commercial mortgage has been refinanced with a $61k cash-out, no point...
Landlord certification and lead testing costs have become a major issues for landlords in Detroit. This is great for buyers as it is beginning to weed out poorly capitalized owners. However, it is also proving to ...
Hello,
I made an offer on a REO with 20% down and the rest is being financed. I was told that no inspection would be possible after accepted offer. My loan officer qualified me for a renovation loan to fix whatever...
Rehabbers are fighting over deals in many markets.Profit margins are becoming thinner and thinner.A few years ago, you can buy a house worth $200K for $50K, put $50K of repairs in it and come out - after all expenses ...