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5 September 2024 | 35 replies
Even with management software, you still have to run a business and be as good as or better than your competitors.
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4 September 2024 | 6 replies
Focus on affordable housing, such as PadSplit, and understand the application process for Section 8 housing.
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3 September 2024 | 20 replies
The loan application will ask about the assets you need for the purchase (down payment, closing costs, and reserves), and you will need documentation for those accounts (most recent statements).
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31 August 2024 | 3 replies
I'm a travel nurse and have been sending applications via email.
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5 September 2024 | 11 replies
There still is a tendency for DSCR Loans in particularly to get lumped in (throughout securitization) with other "Non-QM" loans, mostly owner-occupied when they really shouldn't be in my view, further a lot of the "tech" and software, systems buildout (including loan doc generators) are based on consumer resi which creates a lot of headaches.Anything rehab/construction related though (which is what the original post appears to be more about) is a different animals though - experiences are likely to vary markedly by market, lender, bank etc quite a bit
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3 September 2024 | 3 replies
How is it for roller application, does it spatter all over you a lot when painting with a roller?
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2 September 2024 | 10 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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4 September 2024 | 84 replies
My application is electronic, which in itself is a huge screening tool, and it also automatically manages criminal and credit checks.
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6 September 2024 | 64 replies
@Noah BaconSpeakers already assigned or still open for applications ?
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3 September 2024 | 0 replies
The best option for you depends on a number of factors including your exit strategy, any liability concerns and preferred tax treatment.Type of EntityTax TreatmentMain AdvantagesC-CorporationDouble TaxationCorporate tax rates are lowerS-CorporationPass-throughSelf-employment tax savingsLimited Liability Company (LLC)Pass-throughLiability protection and flexibilityFuture Outlook and Recent Tax Law ChangesMost recent tax changes applicable to real estate investors include:The increase in the estate tax exemption to $13.61 million per individual for 2024.