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21 October 2024 | 17 replies
Are there other good channels to find qualified tenants?
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21 October 2024 | 9 replies
Get thee to a qualified real estate lawyer.
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22 October 2024 | 10 replies
However, if you decide to sell after holding the property for over a year, you could qualify for long-term capital gains tax, which is lower than ordinary income tax.
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20 October 2024 | 7 replies
But as a matter of policy, I just tell everyone that actually applied (that I didn't pick) that I rented the apartment to "another qualified candidate".
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22 October 2024 | 14 replies
It seems like the goal post keeps being moved, and technically with him gone, she does not qualify to live there anyways.
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22 October 2024 | 17 replies
If possible buy 3-4 unit properties as you should be able to apply 75% of the income towards your DTI to qualify for the loan.
21 October 2024 | 9 replies
The DSCR compares the rental income to the property’s debt, and as long as the property covers the loan payments, you can often qualify without needing tax returns or traditional income verification.
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20 October 2024 | 10 replies
;-)Yes, been doing all that research since this post, and am hearing from qualified investors with multiple MTR's that healthcare professionals are their chief tenant.
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19 October 2024 | 1 reply
At the time, I was working in FinTech, making 6 figures which allowed me to qualify for $400,000 for a multifamily.
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17 October 2024 | 26 replies
You would just qualify the deal with AirDNA projected income or use a STR1007 to qualify.