
13 November 2024 | 5 replies
I see this is posted in the house-hack forum so I'll make the assumption that you want to owner-occupy your next investment.To work more hands-on, you'll want to spend time searching for deals, analyzing deals, and networking/building a team.Before your property search, I'd recommend speaking with a lender to find out how much you'll qualify for.

14 November 2024 | 21 replies
The first tenant I raised $650 and they contacted me to find out why they had been singled out and I had to explain that the increases were going to be across the board.

14 November 2024 | 15 replies
House hacking with an FHA is a great option, with that loan, you can get up to 4 units and also use the income from the other units to qualify with the back and DTI.
14 November 2024 | 20 replies
Their office staff ordering the microwave and coordinating delivery and install would qualify as "labor," so I don't think there's much there.

13 November 2024 | 66 replies
You can find the properties through this website: https://listings.vrmco.com/Just a word of caution for anyone with student loans, New American's qualifying criteria are similar to FHA - when calculating DTI, they will use 1% of your outstanding student loan balance rather than your actual monthly payment.

14 November 2024 | 40 replies
That is reality because the receiver of the info has no skin in the game, nothing to hold them to the "advice".

11 November 2024 | 9 replies
FHA and conventional loans are available for such for non-permanent residents, but there are quite a few rules so I can't be sure you'd qualify without talking further.

11 November 2024 | 0 replies
Opportunity Zones are designated distressed areas where long-term investment and development are encouraged.3 Reasons Why You Should Invest in Opportunity ZonesDefer or Eliminate Capital Gains Tax ObligationsWhen investing in Opportunity Zones through a Qualified Opportunity Fund (QOF), you have the potential to defer your capital gains taxes.

15 November 2024 | 23 replies
The issue I'm running into with this is the area I'm planning on moving to isn't exactly the most affordable, and so even with 0% down, you still have to make the mortgage payments, and you're only qualified for up to an amount supportable by your in-place income, which of course makes sense.

14 November 2024 | 12 replies
Most Realtor board documents have clauses and you should have filled out a Short sale rider when you listed the property.2.