Chris Yeung
Investing in Norada Funding's notes
19 December 2024 | 55 replies
By temporarily halting distributions, we can preserve capital, manage our resources more effectively, and invest in key areas that will drive future growth and profitability.In the interim, we are taking strategic steps to strengthen our financial health, including cost-reduction measures, revenue-generating initiatives, and debt restructuring options.
Dave DeMarinis
Stessa and Buildium for Accounting and Prop Mgmt
14 December 2024 | 13 replies
Can you generate a report in Buildium to download a CSV file to upload transactions to Stessa via the Stessa CSC uploader?
Jen Hoang
1031 Exchange advice
20 December 2024 | 8 replies
Let’s say that the sale generates $300k profit for simplicity.
Spencer Blondeaux
Finding the Deal
17 December 2024 | 6 replies
Any tips on targeted marketing, effective lead generation, or even some "outside-the-box" tactics?
Sam Dal
Passive capital gains
16 December 2024 | 6 replies
Once the building is sold it generates a Section 1231 Gain and that can be offset by release of the passive losses from the syndicate that have been carried forward.
Shawn Tuma
MF House Hack w/ VA Loan
19 December 2024 | 10 replies
Then use the extra roommate rent income to pay down your mortgage and look to refi to a lower payment in the future (3-5 years) - so it cashflow when you move out.You could also choose the smaller unit and STR the other unit to generate more cash to pay down your mortgage and refi, so it cashflows when you move out.Bottom line: you'll have to get creative to solve your cashflow challenge!
Mario Morales
If I have 3 properties (9 doors), How Will Lenders look at my Income
14 December 2024 | 6 replies
I have a W-2 Job and 3 properties, what is the minimum amount of profit or income should my properties generate for the year for a lender to consider me worthy of a loan, all things being equal.
Brian Bailey
STR Rental @ $356k Purchase / $56k Annual rental income - 90% LTV DSCR Options?
15 December 2024 | 5 replies
Looking for a high LTV DSCR option given this property should reasonably be priced nearer to or upwards of $425k given the cash flow its generating.
Cory M.
No W-2, Looking for Loan Options
21 December 2024 | 14 replies
As long as the property generates enough cash flow, you may qualify based on the asset alone.Another route is to explore portfolio loans from local banks or credit unions.
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
I simply don't understand the point of SubTo when there is a many generations old existing legal instrument readily available for use.