Raymond Keith Whittington
Rookie just starting out
22 October 2024 | 16 replies
You can send me an email or message.
Melanie Baldridge
Want to turn your primary residence into a rental property?
22 October 2024 | 4 replies
I have further questions on this will e mail you.
Danielle Campos
Rejecting an ESA
20 October 2024 | 7 replies
You would be violating the law for doing that.Be comforted that most prospective residents don't provide proper ESA documentation.
Brian Dwane
North Jersey investing
22 October 2024 | 8 replies
I know for a fact that NJ has some unreal taxes and they keep getting higher each year for no benefits.If you have any questions feel free to reach out or send me an email I am always happy to help Bigger Pockets members.
Omar Doyle
DSCR Loan insight
21 October 2024 | 9 replies
This is especially helpful if you plan to continue investing and don’t want multiple mortgage loans affecting your credit report.Streamlined Process: Since DSCR loans are focused on the property’s cash flow rather than personal financials, the approval process can be quicker and less documentation-heavy compared to traditional mortgages.If you want more info or need help getting started, feel free to reach out!
Cory Melious
Long term tenant hit me with a clearly fake ESA letter
18 October 2024 | 7 replies
A tenant that I’ve had for about 5 years emailed me tonight with a ESA letter from a mail order website.
Abraham Orozco
Starting out in a community property state
21 October 2024 | 2 replies
As for the gift for the down payment, it's generally allowed, but it must be properly documented as a gift letter to the lender.
Ross Kane
LLC piercing corporate veil
21 October 2024 | 13 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
Archie Barrett
How lenders typically calculate DTI
24 October 2024 | 16 replies
(you do not pay the taxes you lose the house, and you do not pay the insurance the lender will put insurance on the property for you) Assuming the properties are showing up on your tax returns the income/loss will be calculated from the returns using this form: https://content.enactmi.com/documents/calculators/Form1038.C...The form will allow you to add back your paper loss of deprecation on your returns as well as your property tax, insurance and mortgage interest deduction as those last three are already taking into account into your payment as mentioned in the first paragraph.
Andy Port
Is syndicated co-investing (passive) right for me?
24 October 2024 | 10 replies
Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.