
5 October 2024 | 3 replies
I guess I'm asking for something like a hard money lender, but I don't know if they lend on assets you already own.I guess you could put the paid off rental in a sandbox (trust, or corporation) so that the income from that rental is only counted against the debt from that rental then take basically any loan on it, but outside of that what options are there?
7 October 2024 | 10 replies
The intent of FHA was to promote primary residence home ownership not investing portfolio building so they put this rule into place.100 Mile rule basically says that you cannot use rental income offset from a lease agreement on your current house to help you qualify for the next property when using FHA loan to qualify.How do you get around this?

5 October 2024 | 8 replies
This would basically create a synthetic Heloc.

7 October 2024 | 24 replies
Basically you have to funnel money around to use these accounts for anything other than simply savings.They promoted their move from Blue Ridge Bank to Thread as one that would allow for Bill Pay, but it hasn't happened.

4 October 2024 | 3 replies
We did buy the basic indoor system for our primary residence and use it everyday.

6 October 2024 | 8 replies
Basically I see that you have paid closing costs twice to take a property you own and in the end still own it now with a 135K mortgage.

5 October 2024 | 6 replies
LCC as a basic pass through and limited partnerships depending on equity arrangements and profit share of the parties add that extra level of flexibility and not needing to split potential individual partner costs or liabilities.

4 October 2024 | 27 replies
Basically 75% of the current or appraised rents (whichever is lower) has to cover 100% of the mortgage.

4 October 2024 | 14 replies
I'm not sure the premium vs the basic version (I only have premium) but for any property, I can itemize the purchase price, current value, tag the associated mortgage, my assumption on appreciation, its rental income, all of its expenses (including taxes, yearly mainteance, capex, insurance, HOA, property management, depreciation and other), its estimated sale timing/and fees.

7 October 2024 | 35 replies
Independent contractors only get basic training.