Austin Latty
New LLC Questions
30 January 2024 | 8 replies
Example: receiving rental income that should be for your LLC directly into your personal account.
Matthew Masoud
Selling My Multifamily STR/MTR rental Nightmare
30 January 2024 | 13 replies
I was able to refinance at a $300k valuation but I don't really want to hold these assets.I have the same issue with another 10 unit I own and another 6 unit.You significantly decrease your buyer pool on the exit, in exchange for stronger rental income during the hold.My investment strategy has always been buy, increase property's income, sell for a profit and keep growing but STR/MTR might not be conducive to this strategy.
Wencheur Antoin
FHA Loan Eligibility for Independent Real Estate Agents & US Citizen Working Abroad
29 January 2024 | 2 replies
Traditional guidelines often require proof of employment for the past two years with a steady income.
Wencheur Antoin
Seeking Insights on FHA Loan Eligibility for Independent Real Estate Agents
29 January 2024 | 4 replies
Americans Working Abroad and Income Declaration: - Additionally, I'm wondering about the scenario where an individual is an American citizen working abroad and did not fully declare all of their income or any income at all, how might this impact their eligibility for an FHA loan?
Jacob Zivanovich
What is Working in The Boise Market Right Now?
30 January 2024 | 5 replies
In Boise's competitive rental market, small multi-family units like duplexes and triplexes are a smart choice for house hackers, offering both rental income and a place to live while building equity.
Britney Ross
Need advice on MHP purchase
29 January 2024 | 6 replies
@Britney Ross I don't sorry, I avoid Alabama because the median income is too low
James Burciaga
Looking to cash out Equity from rental property.
29 January 2024 | 11 replies
This loan would require you prove your income with tax returns, pay stubs, W-2's etc as well as the rental income on the subject property.
Hayden B.
Leveraging existing properties
28 January 2024 | 4 replies
Cash flow positive properties I know are always the goal, but in the current lending climate and with the hours I work I need really hands on property management to be as passive as possible.
Evan C.
So is this how substitution of collateral (substitution of security) works?
30 January 2024 | 0 replies
The second seller gets payments on a new note worth $1.35 million.You the buyer received the taxable income event from the sale of the first property.
Bryan H.
Flip/LTR Hybrid? Tax incentives?
29 January 2024 | 9 replies
I know on flips it is considered traditional income due to being classified as a dealer (someone who buys for the profit of the sale) and not an investor (someone who buys for the profit from rental or other forms of income) but what if you bought and renovated a property and held it for one or two 12-month leases?