
25 May 2024 | 18 replies
Yes, you should be able to get a DSCR or conventional financing given you qualify.

25 May 2024 | 7 replies
I recommend a structural engineer further evaluate and make recommendations related to this observation” And regarding this make-shift supports: “Temporary posts exist in the basement that should be considered for replacement with a permanent support system.A temporary post is noted as a support to the ground that does not appear to be resting on a footer.This temporary support post is holding up a metal beam supporting a large portion of the house.This is a structural concern that should be reviewed by a qualified engineer/contractor”I will include a couple pics as well

25 May 2024 | 2 replies
Some will even allow AirDNA projections (usually with 25-30% down) as the rental income for DSCR (debt service coverage ratio) for investment properties as qualifying income.

25 May 2024 | 13 replies
They used both of their credit histories and income to qualify for the financing so that's what the underwriting is based on.But you also have to look at the tax implications.

26 May 2024 | 10 replies
Also, investments over $550K now qualify for a 10-year golden Visa, which is drawing even more investors to the city.In Dubai the investment process is pretty straightforward, thanks to a business-friendly environment.

25 May 2024 | 10 replies
Our latest accountant, disregarded a $43,000 tax credit because she didn’t think we qualified for it, and didn’t even tell us.

26 May 2024 | 12 replies
Profit is projected to be $20k, but I also learned how to qualify better.Yesterday, we reviewed a profit that my realtor was touting as having a potential of $100k; when I did my own numbers, I came up closer to $40k if it can sell.

25 May 2024 | 6 replies
I am currently looking at buying a new construction home as a long term rental property. sales price $214000. first my lender told me I can do 0 down. and I am really excited about this deal. but later he told me that am not qualified for 0 down because of my income. the other option is that I can do fha with 3.5% down, 6.125% interest rate. cash to close is $14000. my monthly payment is around $1575-$1590.it can at least rent for $1700 as a long term rental property.

25 May 2024 | 2 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

25 May 2024 | 26 replies
Some lenders require a qualifying event like moving, downsizing, etc.