11 September 2024 | 8 replies
DSCR loans are loans issued by private lenders with proprietary and differentiated rules and guidelines and are typically included in “non-QM” securitizations.The advantage of conventional refinance loans is that they typically have the lowest interest rates and fees.
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9 September 2024 | 7 replies
I'm clear what it is I can write off, what I'm not clear about is how much (or what %) of each category will come back to me.
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12 September 2024 | 6 replies
Once you figure out a strategy that you want to do, next I would learn about potential markets for that strategy and focus on 1 or 2 markets that you have some kind of competitive advantage in (you live there and know the area, you have friends/family/a good realtor there etc).
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6 September 2024 | 7 replies
Lawyer would be a great resource for thinking through this.This isn't enough information to comment on tax advantages/disadvantages of an investment partner - more detail is needed.
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10 September 2024 | 0 replies
This approach allowed us to move quickly and take advantage of the immediate resale opportunity.
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11 September 2024 | 4 replies
If detached, the ADU must typically be placed in the backyard and occupy at most 30% of the backyard's footprint.Having separately metered electric service is advantageous for managing costs and billing tenants.Adding an ADU can potentially increase your property value.
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11 September 2024 | 8 replies
There are advantages and disadvantages to it and those can vary by the local housing authority that administors the program in your area.
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12 September 2024 | 9 replies
Too many investors offer it up haphazardly and get taken advantage of.
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10 September 2024 | 4 replies
Not unreasonable to ask them to cut it down IMO.I would sue private nuisance and injunction from maintaining a private nuisance, and for interfering with prospective economic advantage (scaring away potential tenants with prospect of dwelling and car damage).Start with a nasty-gram from lawyer since you already asked and was turned down.
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11 September 2024 | 3 replies
Consider investing in low-cost index funds or ETFs, as they provide broad market exposure and diversification.Utilizing tax-advantaged accounts like 401(k)s and IRAs can help maximize your retirement savings.