Jephte Augustin
Cash out refi rental property with DSCR loan
27 August 2024 | 12 replies
If you can demonstrate that you have completed rehab you can do a cash out refinance with no seasoning required.
Cecilia Hagan
Insights on Pet Ownership with Renters 2024
26 August 2024 | 2 replies
I hope this information can demonstrate why it's still important to consider.
Rahim Kapadia
How a Hotdog Stand Friendship Led to a Winning Real Estate Deal
26 August 2024 | 0 replies
This steady income has become a reliable part of my investment portfolio, demonstrating the financial benefits of a well-executed real estate strategy.Reflection:Looking back, this investment has been a rewarding journey of vision, effort, and strategic planning.
Albert Johnson
Can I add cameras to my multi family property?
25 August 2024 | 8 replies
If you are interested in seeing what area is covered by the camera, I can send you a photo demonstrating the field of view."
Levi Perl
Realistic to raise rents from $825 to $1150?
26 August 2024 | 14 replies
Mr Tenant, Im very excited about the opportunity to be your landlord and provide better service then you've experienced in the past" (side note it helps if you've already demonstrated your increased service) "As you know the renewal time is coming up quickly.
Abdi Muya
In desperate need of guidance
28 August 2024 | 39 replies
Then you can utilize her money later to grow the portfolio faster once you have demonstrated success.
Cameron Kelting
1031 Exchange from LLC to Personal name
23 August 2024 | 4 replies
The IRS requires that the entity that completed the 1031 exchange (in this case, the LLC) remains the owner to avoid triggering capital gains taxes.One approach might be to hold the property in the LLC for a period (generally recommended at least a year) to demonstrate intent to hold it as an investment.
Davin Manfredi
FHA mortgage and Marriage
23 August 2024 | 3 replies
In such cases, the borrower must provide evidence of the increased family size, such as birth certificates or adoption papers, and demonstrate that the current home does not meet their needs.Vacating a Jointly-Owned Property: If a borrower is vacating a residence that will remain occupied by a co-borrower, such as in cases of divorce, they may be eligible for another FHA loan.
Thor Bonaventura
Question regarding 1031
22 August 2024 | 2 replies
While there’s no hard-and-fast rule, many experts suggest renting it out for at least a year or two to demonstrate that it was an investment.
Mike Moran
long term to short term
22 August 2024 | 7 replies
Make sure to keep records of your efforts to market the property for rental to demonstrate this to the IRS.