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9 December 2024 | 8 replies
You can do delayed financing where you get only the money you used to purchase (and some lenders allow closing costs) as part of a DSCR loan refinance after closing with no wait.
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11 December 2024 | 4 replies
Here in Boise, with the upzoning, any SFH, or duplex/triplex/fourplex, you are allowed to build an ADU on.
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11 December 2024 | 3 replies
I will also note that the RC zoning district allows for quite a few extra units so you would get the best use out of your land by building a quadplex or something like that.if you are interested in going forward though I work part time at NOLA builds in town and they do great work for construction at all levels.feel free to reach out if you have more questions
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10 December 2024 | 4 replies
Sometimes lenders will allow their portfolio loans to be assumed as well, but usually not if they can get a better rate with a new loan.
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10 December 2024 | 22 replies
Sometimes too portfolios allow you to include lower valued properties that might not be eligible for regular DSCR lending.
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12 December 2024 | 37 replies
I think it was my fault and my ignorance for allowing him to convince me to re-finance properties every 3 years and I think he re-finance 3 of my properties 2 times meaning he earned a $20,000 commission for each property 3 times, or he earned $60,000 for each property just for being my broker.
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10 December 2024 | 2 replies
BP's rules won't allow roofers and contractors to reach out to you in this section of the forums.
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11 December 2024 | 7 replies
Here’s why and what alternatives might exist:Real Estate Syndication or Fund: Invest in funds that generate passive rental income, which can offset Schedule E losses.Real Estate Professional (REPS): Qualify for REPS to reclassify rental losses as non-passive, allowing them to offset active income.This post does not create a CPA-Client relationship.
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10 December 2024 | 14 replies
For me, I'd rather have fewer doors owned outright that allow me to achieve my personal financial goals than having a large number of doors fully leveraged with less cash flow per door.
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9 December 2024 | 11 replies
I remember the new host discounts, however, I have accidentally removed discount and now Airbnb will not allow me to reapply it.