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23 September 2024 | 4 replies
Hello Austin,I would definitely ask the lender about the 2 line items for loan origination, though 855+855 = 1710 which is exactly 1 point of 171k.
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23 September 2024 | 3 replies
If you have tax planning and complex items within the return, I could see it getting there but it seems a little bit high.
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23 September 2024 | 7 replies
Then you have the points and underwriting and processing fee which some may only have one.Overall, there are a few items in there that seem a bit high but in the grand scheme of things they are not way overblown or super high.
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27 September 2024 | 44 replies
There are a ton of action items requested after the information overload that takes place without much proactive follow-up.
18 September 2024 | 1 reply
I have two roommates in one of the units, both of whom are in the military.
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25 September 2024 | 17 replies
One item that you want to discuss with your CPA is the basis of the property when you convert your primary residence to a rental property.Best of luck.
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24 September 2024 | 16 replies
Red flags have been the opposites of the three items listed above!
23 September 2024 | 10 replies
I try and push my clients a bit more on year end items from October on so January isn't a Poop show for all parties.
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23 September 2024 | 5 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
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21 September 2024 | 6 replies
Columbus has some strong dynamics…cheap prices, 3 F500 companies, military, hospital, kayaking enthusiasts, Kia car plant.It has as many bad parts as good, so do your research, but I do believe if it is just about the investment, there’s some money to be made there