Raising Rents: A Double-Edged Sword

Raising Rents: A Double-Edged Sword

If you have the ability to raise the rent on an existing tenant—because the tenant is on a month-to-month lease or a renewal term is coming up—would you? Should you? At first glance, the answer seems obvious. If your property is renting for $1,500 per month and...
Rate Hikes and Rate Cuts: Not Always What You’d Expect

Rate Hikes and Rate Cuts: Not Always What You’d Expect

If you’ve paid attention to the mortgage world for a while, you’ve probably noticed that certain events seem to trigger changes in mortgage rates. One of those events is when the Fed meets to determine what to do with interest rates: cut them, leave them unchanged, or...
Why Your Credit Score Matters for DSCR Loans

Why Your Credit Score Matters for DSCR Loans

Your credit score is one of the numbers lenders look at when determining what financing you qualify for—and, just as importantly, what that financing may cost you. A stronger credit score can open the door to more loan options and better terms, while a lower score can...