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15 January 2025 | 8 replies
Either way, $600 in cash flow should actually help your personal DTI if you go for conventional financing on a primary again.
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16 January 2025 | 10 replies
Quote from @Sara Valentine: I have rented my personal home as a fully furnished/lots of amenities 3 month rental jan, feb, and march the past 3 years.
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12 January 2025 | 8 replies
The property is insured on your behalf, personally.
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17 January 2025 | 22 replies
The GC is a business person who doesn't care about your ARV, LTV, or your budget.
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16 January 2025 | 6 replies
You will have to pay higher personal income tax rate, versus waitingtill after one year for lower Capital gain tax rates.
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14 January 2025 | 4 replies
Are you building for pure investment purposes or are you looking to use some of the space for personal/personal business use?
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26 February 2025 | 22 replies
I also personally feel like I may take a step back from my main biz in about 15yrs..
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13 January 2025 | 5 replies
Caution: Personal credit card financing is a huge risk and good luck finding 0 percent interest today.
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17 January 2025 | 2 replies
Again, this is a conversation to have with your accountant to ensure the benefits would outweigh the costs.Another misconception is that there is little value in a cost segregation study for properties that do not have a lot of personal property in them or very little interior build out, such as industrial warehouses.
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16 January 2025 | 0 replies
The owner was motivated due to personal circumstances and wanted to avoid the hassle of listing the property publicly.