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25 August 2016 | 19 replies
As Chris T. mentioned, don't forget snow removal and/or landscaping as well.
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26 August 2016 | 8 replies
Thanks Chris T. for the recommendation.
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23 August 2016 | 7 replies
Also if possiable I was wondering what's some good way to find properties for the wholesale style flip to sell to a rehabbed or anything like that ?
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11 September 2016 | 11 replies
BB&T Commercial will do this loan, as well as Lima One Capital's Rental30 program.
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23 August 2016 | 2 replies
I was pre approve with an FHA loan but seems to me that I can get a better deal on a home and rehab it my style, for, FHA alone does not approve homes in need of repair.
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25 August 2016 | 8 replies
I also like @Adam Schneider's suggestion to go to events so you can meet folks and find someone whose style and strategy matches what you are looking for.
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26 August 2016 | 5 replies
The shirt and right newer is yes.
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25 August 2016 | 1 reply
@Daniel DietzYour analysis is in the right direction, but not quite there.1) Determine the debt financing ratio - in this case .602) 60% of the gross income is then looked at by UDFI3) 60% of all deductible expenses are applied, so 60% of straight-line depreciation, 60% of the interest on the note, 60% of property taxes, etc.4) $1000 exemption applies5) The net amount after deductions and exemptions is then taxable to the IRA, and the trust tax table is used to determine the tax amount.Even if you have a negative UDFI liability, it can be worth filing the 990-T in case you can carry that loss forward to future years.We have a UDFI calculator on our website and if you PM me, I can send a link to you (BP does not want me posting that outside content on their forums).
25 August 2016 | 0 replies
So my current plan I am working with the builder on is a 1092sqft split foyer (this style b/c water table can get a little high on lot and I don't want to chance water issues in basement - plus there cheaper to build) with a 24x24 attached apartment that will almost make it look like a SFH with attached garage.