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8 January 2025 | 14 replies
We all use private investors or NON/QM investors for DSCR but some again charge points and some do not because they UW the file (Mini-C).Most Bankers typically offer rate closer to PAR or less margin built into the rate.
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12 January 2025 | 8 replies
The goal is to ensure that the property remains viable even if circumstances change, like dealing with a non-paying tenant or a market downturn.
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13 January 2025 | 7 replies
If you did, you could take advantage of some unique strategies, like renting it out while traveling (as long as it’s for 14 days or less) and having that rental income be completely non-taxable.
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21 January 2025 | 11 replies
Also many other Counties in non-covered States also include it.
14 January 2025 | 7 replies
My wife and I have obtained three traditional loans and one lease with the option to purchase, resulting in most banks turning us down based on debt to income (non-portfolio lenders).
29 January 2025 | 20 replies
, do not allow that as you are not the LLC and only a lawyer can represent an entity in court, while non lawyers can only represent themselves in court).
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12 January 2025 | 8 replies
Hello all,Has anyone sold a short term rental owned over a year as a non real estate professional that qualified as short term capital gains tax deductions with expenses and depreciation?
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7 January 2025 | 5 replies
We always give a 60-day non-renewal when they are an annual tenant.
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24 December 2024 | 25 replies
If it's a contact, then you can work with your cleaner to be that local contact.
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13 January 2025 | 15 replies
Even first-time flippers should be able to get these terms: Application/Credit Report/Upfront Fee: $0Appraisal Cost: $0Down payment: 10% of purchase price (= 90% LTV)Rehab funding: 100%Interest payments: Paid only on amount drawn (non-Dutch)Prepayment Penalty: $0Reserve Requirement: $0Max Funding: 80% ARVMax Funding 95% LTCClosing time: Measured in days, not weeksI hope this helps.