Funny, I used to think DTI was the only thing that mattered too. Back in 2021, I had a couple properties under my belt and my DTI looked pretty rough ...
Funny you mention “spreadsheet city”—I’ve got a graveyard of Excel files from my first few deals. I get what you’re saying about FHA being the practic...
I’ve run into that too—one lender I dealt with had a “processing fee” buried in the fine print if you paid off early. It was only a few hundred bucks,...
Online lenders are kind of a mixed bag in my experience. I refinanced one of my rentals through a well-known online lender last year, and the fee brea...
I've been down the refinance road myself and yeah, it can get messy fast. Last time, after factoring in all the fees, I barely broke even. Curious tho...
Had a similar experience recently. About two months ago, I was refinancing one of my rental properties, and I was a bit nervous because I had an old m...
I totally get the cautionary tale vibe here, and yeah, those hidden issues can be a nightmare. But honestly, sometimes a bit of impulsiveness can pay ...
I get the psychological boost thing, but honestly, I found that tackling the highest-interest debt first made me feel way better in the long run. Took...
Haha, so true. The number of times I've paused a YouTube video mid-project, covered in drywall dust, wondering where it all went wrong...yeah, been th...
Couldn't agree more on the emergency fund point—reminds me of when I first got into real estate investing. I was so focused on leveraging every possib...
Had a similar situation recently—client had solid rental income but underwriting at a big bank got hung up on minor vacancy gaps. Switched to a local ...
Couldn't agree more. Last year, an algorithm valued a property I was eyeing way too low because it missed a recent school district rezoning. Saved me ...
I see your point about patience, but honestly, timing the market or interest rates can be tricky... Back when I was recovering from a rough financial ...
Interesting points here, but I've had a slightly different experience. There've been a couple times when leaving the title company out of the loop act...
Yeah, spreadsheets are great until reality kicks in. I had a similar experience—went for the shorter term because the numbers looked perfect on paper....