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2 November 2024 | 2 replies
State/local are determined by your state of residence, not the state the property securing a loan you hold, or property you own is located in.
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3 November 2024 | 21 replies
Are you aware that on some deals some lenders may require certain net worth requirements of you, and certain amounts of cash equivalents to belong to you to qualify as a borrower?
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1 November 2024 | 2 replies
Investment Info:Single-family residence fix & flip investment.
29 October 2024 | 7 replies
I own a small 2 bed/1 bath home on 40 acres 30 minutes north of KC. Been living here for 5 years and owned it for 3. Got it for a steal, so we have a lot of equity, but the house needs a lot of work. The original plan...
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4 November 2024 | 19 replies
You can do a second mortgage using DSCR to qualify and be able to close in an LLC however I have not found any HELOCs that allow closing in an entity.
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1 November 2024 | 5 replies
You qualify for installment sale treatment on the taxable gain if you go with seller financing, which is at least something.
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2 November 2024 | 9 replies
While buying near a hospital can sometimes be a good investment, in this case, the hospital in question is MetroHealth, which is a county hospital primarily serving lower-income residents, many of whom are on Medicare or may not have insurance.
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1 November 2024 | 6 replies
@John SteffenInvesting in house hacking or purchasing a primary residence for rental can be challenging due to affordability, vacancy fear, high interest rates, maintenance concerns, and location analysis.
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5 November 2024 | 28 replies
Because I’m still building my portfolio of rentals, I have them in one LLC because it makes qualifying for loans easier.
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1 November 2024 | 8 replies
If you have more of your VA availability left you may have options outside of a primary residence to use the loan as a benefit of your service to our country.