All Forum Posts by: Gloria Mirza

Yes, google PDF editor.  FoxitPhantom PDF editor is one example.  The software cost money and is a bit clunky

@Chris Mason thank you for the very informative post.  That really helps a lot!

My question was regarding the future affect on DTI for capex on homes that I currently own.

Are "one time" expenses added back to income even for more common capex? For example is the expense for a new water heater or fence added back to income when calculating DTI?

If I do something like replace a roof and depreciate it over 27.5 years, how does that affect my DTI?

I'm setting up a living trust.  If I have properties in multiple counties within California, can I record the trust in the county I live in and transfer the properties ot the trust in the counties where they are located?

@Chris Mason Thank you for the clear and knowledgable answer!  

Yes my husband owns all 10 (each with a fannie mae mortgage) and he is the only one on title and on the loan.  We are in the process of adding me to title before setting up our trust for estate planning purposes, but I'm concerned that these properties would count towards my limit when we do that.

I found this thread https://www.biggerpockets.com/forums/311/topics/16... although it doesn't seem to give a definitive answer.

My husband has 10 financed mortgages with 10 fannie mae loans. If I am put on title will those 10 mortgages count toward my 10 mortgage limit? Does the debt/income from those properties affect my DTI?

@Chris Mason I would like to stick to 75ltv.  @Diane G. It's all about timing :-).