18 September 2025 | 20 replies
Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.
18 September 2025 | 5 replies
I also always verify they understand their share of rent and program rules, and I like to meet them in person to get a feel for communication and reliability.
19 September 2025 | 10 replies
Voucher / Funding Shortfalls, The Cuyahoga Metropolitan Housing Authority (CMHA) is reporting that its voucher program is on track to run out of funds for the year.
18 September 2025 | 16 replies
Quote from @Karen Spriggs: Just spoke with another attorney and CCH (Coalition) is a state program and depending on source of funding, may not fall under federal jurisdiction.
16 September 2025 | 44 replies
I got into the program in 2019.
19 September 2025 | 14 replies
That said, requirements can vary by lender, so it’s always best to speak directly with a lender about their criteria.If you’d like, I can share some programs that are known to fund deals regardless of visa status.
17 September 2025 | 4 replies
Reach out I am happy to help and help other BP members avoid those horrible pitfalls and teach the new loopholes an programs.
18 September 2025 | 9 replies
Most DSCR programs want rent to at least cover the payment (1.0x DSCR), though some go lower with less favorable terms.
17 September 2025 | 4 replies
Also, understanding local regulations, vacancy trends, and Section 8 or other tenant programs can help reduce risk and improve cash flow.
16 September 2025 | 2 replies
Drip campaigns make sure you are in front of them when the timing is right.Pretty good outline for a marketing program, but not sure an ad for your services should be posted in anywhere except the real estate classified section……at the least you should probably identify yourself as selling this program