27 January 2014 | 7 replies
As long as 75% of the rent will cover the PITI on your investment property, lender will give you a loan.If you only need $600 to cover your PITI, the extra $150 from your rental income is considered as positive cashflow, which will help lower your overall DTI.
27 January 2014 | 8 replies
These discounts can range from 10-30% depending on the individual sub (in our experience).
1 February 2014 | 34 replies
It's definitely more for the service but the forecast says the high is 30 degrees today and it's going down to the teens tonight so the extra charge is worth it to me.thanks again everyone!
27 January 2014 | 7 replies
Property must have something of extra value from renters perspective.
29 January 2014 | 13 replies
I came across this site and it looked like a great place to find like minded individuals.
26 January 2014 | 11 replies
I am exploring some strategies that would lead to extra longterm tenants.
28 January 2014 | 9 replies
So I have an extra $40 a month in savings combined for taxes and insurance.When I posted this example I stated $400, but more accurate cash flow number is $480 plus the little extra saving on insurance and taxes I will be breaking almost even on the 50% rule.
2 February 2014 | 20 replies
The furnace is a huge investment and worth the extra maintenance costs.
27 January 2014 | 7 replies
If a couple were to invest together, their ownership was over the 20-25%, so they decided that they would come in individually, coming in below the ownership limit.
26 January 2014 | 4 replies
Would that extra 5% cover the 10k in closing costs?