All Forum Posts by: Nana Sefa

Hello @Nana Sefa,

Proper maintenance is key to extending the life of your HVAC units and ensuring they run efficiently.

From my experience as a property manager, a few factors significantly affect how often you should schedule vent cleanings. The most important is making sure tenants change the AC filter every month. We help with this by sending monthly reminders and placing a “Filter Change Log” inside the AC closet. This allows us to verify during quarterly inspections whether the filters are being replaced consistently.

Another major factor is the local climate. For example, we manage properties in both Miami and Jacksonville. In Jacksonville, many tenants don’t use their AC units during fall and winter, so by April, the vents and units often require servicing. In contrast, in Miami, where it’s hot year-round, ACs are constantly running, which encourages regular ventilation and often delays the need for vent cleaning.

Generally, I recommend a professional HVAC vent cleaning twice a year, but the actual need can vary depending on usage patterns and current system conditions

Can anyone recommend a DSCR lender that will finance a 5 unit on DSCR?

Hi Guys,

I have a SFH in AZ that currently has a 8.25% DSCR 5 year prepayment penalty of 15k. I have a 800+ credit score and a one year lease in place that is 1.00 of the PITI. Current loan balance is 302k. Current value based off Zillow is 435k.

Please let me know if you guys think I should refinance with this quote from a lender or wait until the prepayment penalty is gone. I have 4 years left before the 15k prepayment penalty is gone on the current mortgage. 

LTV- 75%

DSCR 6.75% this rate will bring my mortgage from 2285 to 2116

Pre-Payment Penalty 5-4-3-2-1%

Loan origination 1.5%

Buydown option 1.5% to make it 6.375% this rate will bring my mortgage from 2285 to 2035

Appraisal 725$

Underwriting- 1295$

Thank you guys!