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27 September 2024 | 18 replies
Tax Treaty, which allows you to claim a foreign tax credit on your Canadian return for taxes paid to the U.S.
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26 September 2024 | 17 replies
Credit score- the higher the best. 760-780+ generally gets best pricing for investment property loans with most lenders.
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26 September 2024 | 2 replies
One objection that is common now a days is the first mortgage rate being low and the home owner not wanting to lose that low first mortgage rate.The other objection is they want to use the Heloc like a credit card only making a payment on the portion that they use rather than the full amount.
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25 September 2024 | 7 replies
When financing a large-scale fix-and-flip project, assessing and managing risk is crucial for success.Risk Management StrategiesContingency Budgeting:Set aside a contingency fund (typically 10-20% of renovation costs) for unexpected expenses.Time Management:Develop a detailed project timeline to keep renovations on track and avoid extended holding costs.Partnerships:Collaborate with experienced contractors and real estate agents to mitigate risks associated with repairs and market positioning.Insurance:Obtain comprehensive insurance coverage, including builder’s risk insurance and general liability insurance, to protect against unforeseen events.Exit Strategy:Always have an exit strategy.
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25 September 2024 | 1 reply
Alternatively you can have your bookkeeping track these things.
25 September 2024 | 3 replies
Most engine lubricants contain lead and if handled improperly can contaminate the soil and thus allow lead to be tracked into the home.
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27 September 2024 | 6 replies
For your client's cash-out refinance on an adult family home in Washington State, it would be helpful to reach out to lenders who specialize in DSCR loans, especially those experienced with unique property types like adult family homes.Contact Local Lenders: Start with local banks and credit unions in Washington that offer DSCR loans, as they may have specific programs tailored for adult family homes.
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27 September 2024 | 6 replies
I currently live by rail road tracks and the ground level is fairly built up near my house.
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24 September 2024 | 8 replies
We pay for this software already and were considering using them instead of tracking on excel sheets.
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26 September 2024 | 7 replies
Hi community, I have a rental unit that I own outright and would like to do a line of credit against but I cant seem to find lenders in texas that do LOC on investments.