30 November 2025 | 11 replies
They say they integrate with App Folio, I’m still waiting to see that.
18 November 2025 | 26 replies
Forgot to mention this was a refi-rate & term, not a purchase. 740 credit and 1.2DSCR ratio i can message you with more info if you'd like
25 November 2025 | 9 replies
Since you mentioned owning STR's, you might want to have a conversation with an accountant to see if these properties would be considered active instead of active, especially since it sounds like you are self-managing the properties.This test is a little bit easier than trying to claim Real Estate Professional Status(REPS)
25 November 2025 | 8 replies
Wait until they have an approved application then discuss?
1 December 2025 | 16 replies
These are generally bridge-type loans with terms between 6 months to a few years at rates around 11% plus a few points, as @Jay Hinrichs mentioned.
30 November 2025 | 29 replies
I plan to close finally in another 2 weeks after 7 months of waiting on this one.
24 November 2025 | 6 replies
So it’s important to make sure your screening process is compliant with fair housing laws and is based on objective criteria like income (including voucher amount), rental history, credit, and references.There are pros and cons to working with voucher tenants:Pros:A portion of the rent is guaranteed by the housing authority, which can help with consistent cash flow.Many tenants stay long-term, which can reduce turnover.Considerations:The unit will need to pass an inspection, and you may need to wait for approval before move-in.Rent increases, lease changes, and eviction processes often involve additional steps and coordination with the housing agency.As others have mentioned, having a consistent screening process is key.
26 November 2025 | 10 replies
Waiting for the interest rates to drop enough to where I could cash flow and keep it long term.My dilemma is do I Hold it and rent it out?
20 November 2025 | 15 replies
That's a difference of $32k more in PV/equity...and that number will exponentially increase in future years because of the higher base.Now before you mention the decrease in cash flow, let's say your CF was cut down to 1/3 of the $11k/year.
28 November 2025 | 13 replies
As mentioned above.