
6 December 2017 | 7 replies
My recommendation: Focus on Single Family Homes and look towards the BRRRR method.

6 December 2017 | 9 replies
So then there're different methods to do the actual gifting?

4 December 2017 | 3 replies
The main reason why I’m asking is to determine the best method to value the deal.

4 December 2017 | 7 replies
Are there any methods to buy these properties since others may be leary?

14 March 2018 | 8 replies
Both methods are tax differed and give you AMAZING returns.

23 March 2018 | 38 replies
I didn't really know about so many different methods of investments that exist out there....

13 March 2018 | 2 replies
It sounds from your description that it is.However, because you also do personal activities in the room (play games on your desktop), it doesn't sound like this would pass the "exclusive use" rule.Playing the games on your laptop in a different room would likely qualify the room as "exclusive use" as a home office.Also note that in the future if you take this deduction, there is a simplified method you can use to reduce the records you have to keep - just multiply the square footage of the office by $5 (if it is under 300 total square feet).

19 March 2018 | 87 replies
Proper techniques and caution needs to be applied to this specific method.

21 March 2018 | 11 replies
This means that you could qualify with one method without qualifying for the other.
20 March 2018 | 15 replies
Then, once each rental is done this way and applied to income or debt, they are going calculate your DTI and qualify or deny you based on the DTI requirements of that particular loan program (28%, 30%, 35%, 40%, 60+% back in 2005, whatever).The above underwriting method is know as "washing" the debt of each rental property with its income.Another way that they do it is they simply take the PITI of each property straight to the debt, and the rental income from each property straight to the income (usually also reduced to 75%); rather than washing it first.It is advantageous to the borrower's qualifications to "wash" the PITI with the rental income and then apply the remainder, whether positive or negative, to income or debt.