Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
You would only pay taxes on all passive investments in a traditional SDIRA at distribution, unless you have a mortgage, then the portion of the income derived because of the mortgage will be subject to UDFI (unrelated debt finance income) which will trigger UBIT (unrelated business income tax).
Ashley Wilson
2025 Goal Setting Tips for Success
22 December 2024 | 0 replies
Often people set too many goals which always reminds me of the Chinese proverb, “If you chase two rabbits, you will not catch either one.”
Colleen A Levitt
DSCR out of a DSCR?
9 January 2025 | 15 replies
Typically most DSCR lenders follow a traditional 5, 4, 3, 2, 1, PPP or a 3,2,1 PPP.
Kathy Creighton-Smith
LoanBidz lending reviews
23 January 2025 | 15 replies
Unlike traditional banks and credit unions, we don't face the same constraints, allowing us to offer more flexibility.
Nathan Gesner
Have you ever used your umbrella insurance policy?
15 January 2025 | 11 replies
If you go with your traditional family insurance premiums will be about twice this, since they don’t specialize in this market.b.
Erika Andersen
Advice on working with a home buyer's RE agent using an hourly rate?
1 February 2025 | 11 replies
Working with an RE attorney provides peace of mind at a fraction of the traditional commission structure of the RE.
Joshua Piche
Im looking to move out this year and house hack my first property
7 January 2025 | 12 replies
.- The 203(k) will allow you to bid on properties that need repairs that won't qualify for a traditional mortgage => less competition => better purchase price.You will need to find a great local contractor you can trust to supply the required bids to qualify for the 203(k).- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.
Lodewijk Hof
Australia
23 December 2024 | 15 replies
There was a glut in wineries not long back when The Australian dollar was high and people who once couldn't get enough of Australian wine suddenly turned back to relatively cheaper and more fancy sounding French and Italian plonk, combined with the change in regulation in the Chinese wine market that killed it as a business drink.
LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
Not sure why people go for 40-year fully am instead of just traditional 30-year with 10-year IO option, I tend to think the 40 year term is more of a gimmick
Michael Benanti
DealCheck app? Good or bad?
2 January 2025 | 32 replies
I agree that DealCheck (or the BP calculator) does not provide enough tools or functionality to analyze those types of transactions (yet).But I would argue that it does a great job at analyzing more traditional buy & hold SFRs and multi-families, as well as flips and rehab projects.