Emily Mohr
Best way to inform someone they are not qualified to rent your property?
9 January 2025 | 13 replies
I also agree, that income is not a protected class.
Leah Miller
Bank Won't Close Due to FEMA Disaster Designation
29 January 2025 | 24 replies
Additionally, Fannie Mae and Freddie Mac will sometimes temporarily suspend the income cap on their HomeReady and HomePossible programs, which allow purchases with 3% down.
Chris Magistrado
Cybersecurity, Recruiting, or Real Estate?
14 January 2025 | 3 replies
Lastly, always keep your job and build your employment foundation because that keeps you income relevant and lendable.Hey thanks for your reply!
Kenny Bao
Advice on Off-Market Apartment Strategies
29 January 2025 | 9 replies
Perhaps they want long term income for their retirement and ultimately their heirs.
Timothy Frazier
Hard Money Loan
1 February 2025 | 16 replies
This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations
Daniel Hartz
Trying to refi out of a bridge loan on a SFR with tenant
15 January 2025 | 10 replies
Assuming property taxes + insurance added don't go above $1,100 total, you could maybe make this work.
Erica A.
Renters Stackable Washer and Dryer
29 January 2025 | 10 replies
I've been using the GE GFW148SSMWW // GFT14ESSMWW models which comes to $1,650+ tax for units and stacking kit.
Jacob Sallblad
Inherited 28 unit portfolio
21 January 2025 | 6 replies
If you can rent it for enough to cover the principal, interest, taxes and insurance and still put money in your pocket, plus cash flow on the property you're purchasing, that would be ideal.
Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
19 December 2024 | 13 replies
Quote from @Benjamin Weinhart: I personally think that a lot more happens on the tariff side of things than actual income tax law.
Hunter Goorsky
NEW Investor in the Joliet area 🏠
22 January 2025 | 9 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.