Harrison Jones
Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
This is a difficult sale... finding someone to invest is a difficult sale but asking them to invest for decades is going to be an almost insurmountable sale.
John Friendas
LLC Mortgage Under Partner Instead of Me
12 January 2025 | 22 replies
To Jay's point, though, there wouldnt be an impact on your DTI based on your numbers. 75% of the gross rents can be used to offset the debt to $0 until the operating history is reported on a tax return, so if the rent is 65% higher than the mortgage, then the impact to DTI will be 0 until next year when 2025 tax returns are completed.You could try to find a DSCR program that allows you to become a partner of the entity after the property is bought and financed, but this will require significant trust in your partner and may or may not work from a financing perspective.
Monica Gonzalez
Newbie - Analysis Tools - No/Low Cost
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.
John Cooper
Difficult Tenant: Escalating Issues & Safety Concerns
25 December 2024 | 10 replies
I don't know why you would think a tenant requesting notice before you accessed the property would be an "unreasonable demand".
Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
A duplex could be an excellent choice to help you ease into multifamily without feeling overwhelmed.
Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
19 December 2024 | 13 replies
For a bird's eye view of end-of-year tax planning, read this old post:https://www.biggerpockets.com/forums/51/topics/1007488-debun...2025 will be an interesting year
Matt Wan
Getting a mortgage as a non-resident US citizen
23 December 2024 | 15 replies
Hard Money or DSCR is the way you want to go.Shouldn't be an issue where you are as long as your intention is for investment purposes and have the capital to put down.
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
18 January 2025 | 19 replies
As you are living in the US and might this virtual LLC office work, it could be an interesting option.
Mitch Davidson
New STR Restrictions Coming for the Asheville Area
17 January 2025 | 40 replies
At a county level will be an uphill battle imo, but I'm not a local so I'm going off what is out there in the public docs.But really think Black Mountain will be the right place for what we are trying to do.