
13 January 2025 | 6 replies
However, there's a loss on the 2023 Tax Returns, and Net Income is $45,000 in 2022 (Client has lots of writeoffs) What loans could I use that only consider:- Bank Statements - 1099s - Credit Score Please contact me with options.

15 January 2025 | 14 replies
The high property taxes takes out most of the profits.

18 January 2025 | 15 replies
And i found launch control but the minimum is $500 a month, but they use cross-referencing data across sources to find the most accurate contact information by using a person's name and address to find their phone number, real address and email by accessing public databases, phone number directories, credit reports, utility bils, public tax records, and social media profiles. this is waaay expensive for me as a beginner. what do you suggest or if anyone has any suggestion I'd greatly appreciate it.??

14 January 2025 | 15 replies
The borrower gets the benefit of having access to capital fast and the lender gets the benefit of charging a higher interest rate and not having to pay taxes on the profit.

17 January 2025 | 9 replies
You’d also make all future capital gains at least partially taxable instead of tax exempt by converting your primary to a rental.

9 January 2025 | 116 replies
Rent Per Unit $650 $700 Other Income $750 $800 Less Vacancy $(3,120) $(3,360) Operating Expenses $18,790 $19,809 Repairs $4,000 $4,200 Capital Expenses $2,000 $2,100 Landscaping $1,500 $1,575 Utilities Vacant Units $288 $302 Property Taxes $6,000 $6,300 Insurance $1,500 $1,575 Management $3,002 $3,232 Other $500 $525 Net Operating Income $41,241 $44,831 Financing Expenses $22,224 $22,224 Cashflow $19,017 $22,607 Down Payment $21,000 $21,000 Cash on Cash Return 90.55% 107.65% Keep in mind, this return doesn't even include the principle pay down on the loans.

5 January 2025 | 0 replies
It's early, but it looks like we'll earn around a 8-9% ROI.

10 January 2025 | 4 replies
Might be an additional cost there.If units are updated, capex items look good, leases and tenants look solid, and there are no other regular expenses besides the 5200 in insurance/property taxes then I like this deal.

14 January 2025 | 9 replies
Do you want to earn x thousand a month?