19 December 2024 | 6 replies
I have a some of high interest debt I used to start my business along with some personal debt I would like to pay off.
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17 December 2024 | 16 replies
.* FHA loans require both parties to owner occupy for 1 year* A 203k loan is not a first time buyer program, you can own a home and still use the program as long as you live there* The loan must be made to a person, not an entity.
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18 December 2024 | 26 replies
if there's a market you're considering investing in, you should go there in person, walk around, go to meetups, take people out for coffee and ask them questions.
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21 December 2024 | 10 replies
DSCR is just a simple way of purchasing an investment property when you do not qualify using personal income (Paystubs, W2s, etc..) or you want to close in the name of an LLC.
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16 December 2024 | 19 replies
Basically all rentals, even ones owned under LLC, come up during loan DD as long as you file them under one tax return as personal, that was what happened to me earlier.
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17 December 2024 | 4 replies
Hiren, I've personally been focused on the northern MSA markets of Round Rock, Georgetown, Cedar Park, Leander.
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17 December 2024 | 27 replies
I personally love the Cleveland market for its cash flow ranging from 10-18%.
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20 December 2024 | 6 replies
Also, I personally wouldnt cash out refi right now just because the interest rates are high but thats just my opinion and it really just depends on the numbers if you want to make a calculated decision.
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16 December 2024 | 1 reply
I’m not an expert, but I don’t think you could live in the new property if you 1031 nor would you be able to access any of the proceeds for personal reasons.
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20 December 2024 | 12 replies
I would make sure to have a camera system outside if you have any worries about theft, but I personally think you need at least one exterior photo.