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20 December 2024 | 3 replies
Got added to the property insurance policy as additional insured.4.
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30 December 2024 | 819 replies
If you throw in some additional capital along the way you can accelerate the process, a lot.
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21 December 2024 | 8 replies
Hi John, feel free to reach out if you are looking for some additional options on your DSCR loan!
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27 December 2024 | 18 replies
Even if you had to exceed that, as single you could convert an additional $485,050 above the $63,350 (or $503,350 if married) and you’d only be taxed at the 15% LTCG tax rate (not counting any state if applicable).Each year I’d get my taxable income as low as possible to give myself as much ‘room’ as possible in the 0% tax bracket and convert the max amount possible.
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23 December 2024 | 10 replies
If your rental income increases faster than inflation, you will have the additional dollars you need to pay inflated prices.
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3 January 2025 | 42 replies
Thank you for the additional info.
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23 December 2024 | 8 replies
You may have to make modifications or additions in order to get that signed off.
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19 December 2024 | 2 replies
I prefer an assignment @William Causey as it keeps me off the chain of title and any issue(s) that go with being in the chain, as well as any additional expenses related to a doublel close.
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25 December 2024 | 11 replies
Additionally, creative revenue streams like adding storage or premium amenities can boost NOI.
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20 December 2024 | 4 replies
@Chris Kay beleive you can do DSR loans without a job as they qualify the property, not the borrower.You'd still need 20-25% down though.That's where you have a decision:- Pay down the mortgage, setting yourself up for a future refinance to free up your VA Entitlement.OR- Save up for your next acquisition.Only YOU can make that decision as you have to be comfortable with the increasing debt-load risk and the additional time to manage everything.