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4 February 2025 | 17 replies
I did most everything I was supposed to do, increase my income, decrease my living expenses, save cash, etc..
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19 January 2025 | 21 replies
Jaycee, it will likely be personal income with other money coming from a lender.
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25 January 2025 | 5 replies
Locally my observation is that the need is more for low income young and working vs college student.
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19 February 2025 | 25 replies
And having some operating income is ideal but not necessary if I expand through HELOC and refinances.
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23 January 2025 | 5 replies
Analyze properties by looking at gross rental income, operating expenses, and the debt service coverage ratio (DSCR above 1.25 for rentals).
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22 January 2025 | 5 replies
The US taxes global income which dramatically increases the reporting requirements.
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18 January 2025 | 10 replies
However, you can get loans that are based on the performance of the rental and not your personal income and debt.
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18 February 2025 | 51 replies
The debt to rent income is fantastic, but I understand if the city is not growing.
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20 January 2025 | 15 replies
While that kind of income is not a deterring factor, when I looked over the terms of service many big red flags came up.
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19 January 2025 | 2 replies
The house I will get is in a lower income area, currently worth $95-100k, and she still owes about $25k on it.