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15 August 2024 | 86 replies
Also, some lenders have limits on how many mortgages you can have and qualify for a HELOC.
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12 August 2024 | 0 replies
The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.The Cost Segregation Study was performed on the Asset Depreciation Range (ADR) and is based on a 40% tax bracket for State and Federal Taxes.
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9 August 2024 | 4 replies
Hello!Other than cap rate and cash flow, what other metrics/calculations do investors use to determine whether or not a property would make a good rental? Specifically single family, assuming the property fits their b...
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12 August 2024 | 2 replies
And advice is appreciated.Hi James,If you no longer reside on the property, it might qualify for a ground-up construction private loan for non- owner occupied properties.
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12 August 2024 | 4 replies
Once it sells your qualified intermediary can provide all the documentation needed for the lender.
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14 August 2024 | 63 replies
His tone on the phone changed & he told me I was not qualified to say that & then he ended the call.The below summarizes the program & money they asked for, there were 3 levels of entry:30k gets you (12 private one on one calls with Peter Harris, 4 weekly calls supposedly as long as you are in the program) & there is also 20k & 10k entry points, each with less calls as described above.You split the profits with him 50/50 until you reach 1mil profit then supposedly they will pay you back the money you invested into the program.
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12 August 2024 | 4 replies
It's worth noting that while the VA allows for a loan assumption, you'll need to qualify based on your single income (adjusted for any child support or new debts since the original purchase).
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11 August 2024 | 13 replies
For larger bridge loans and development deals they are solid Originally posted by @Jay Hinrichs: Tarik I dont think she said she was refinancing i think she said she is looking to finance so probably an purchase money loan My main point was that these scale of loans the borrower needs to look within and be realistic if they can truly qualify.I am not sure if this company will take the 10k when cursory information reveals a high chance of loan being rejected..and if borrowers are qualified for this type of financing they usually have a pretty good grasp on whats needed.
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15 August 2024 | 28 replies
In other markets, that would qualify as a game room.
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11 August 2024 | 1 reply
You would have to look at number using local college group, if you need a DSCR loan let me know i can help with that to and i can use projected income from the short term rental to qualify you.