Christopher Pennington
Buying land or a garage?
10 May 2024 | 7 replies
There is also a large restaurant company here that I have been told needs rentals for a shorter term but pays very well to house staff that they bring in from out of town to work for them during high season.
Julio Gonzalez
How to Choose a Cost Segregation Company
9 May 2024 | 2 replies
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.
Spencer Cuello
Credit Card Financing
8 May 2024 | 5 replies
For background, I was thinking of using it for half of an investment in a shorter term syndication that I would aim to pay back before the 0% interest promo expires.
Jeremy Porter
How to get cash out of a property you bought 3 months ago for cash.
9 May 2024 | 14 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Brian Malavsky
Filling in Vacancies with STR Guests
8 May 2024 | 13 replies
Yes I would open it up for shorter stays to fill in the gaps between MTR, but not offer shorter stays so far in advance that it blocks your calendar.
Michelle Curran
Cost Seg on a STR Reno all Self-done
8 May 2024 | 7 replies
However, the value of your labor generally cannot be included in the cost basis for depreciation purposes.Accelerated Depreciation: A cost segregation study would identify components of your property that can be depreciated over shorter periods, such as personal property and land improvements.
Annwar Matani
How do Hard Money Loans work?
9 May 2024 | 15 replies
The shorter the maturity, the higher the interest rate, the longer the maturity the smaller the rate drops.
Krishna Shah
Cash out Refi/Purchase
7 May 2024 | 9 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Kesete Thompkins
Tapping Into Portfolio Equity with a High DTI Ratio
7 May 2024 | 9 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Matt Randall
Question about investing with a DSCR Loan
6 May 2024 | 9 replies
As a DSCR lender, I have originated ~200 DSCR loans so far so my answer will hopefully be helpful.In my opinion, the pros of DSCR loans far outweigh the cons, which is why DSCR loans are now the go-to form of financing for rental property investors.Pro Number 1: Streamlined UnderwritingDSCR loans have a shorter and less demanding processing checklist than bank loans and conventional loans.