Sean Gammons
How to buy two rentals in one year?
16 January 2025 | 17 replies
It depends on the rental income, what you plan on putting down (20-25% is typical, 15% or 25% is required for conventional depending on # of units) For your owner occupied deal, you should be able to use a portion of the rental income to qualify and help offset your DTI a bit.
Joshua Manier
HELOC for 2 unit investment property in Chicago, IL
15 January 2025 | 8 replies
Yes, depends on if he already has a loan and the rate on that.
Chris Kittle
Wyoming LLC Set-Up and Recommendations
29 January 2025 | 12 replies
The proper answer is "it depends" I don't know anything about your case.I do prefer simple over unnecessary complexity.
Jonathan Small
DIY or hire help for taxes?
23 January 2025 | 7 replies
Estimated costs range from $500–$1,000 annually, depending on the complexity of their LLC and rental activity.For Partner 2 ($148K joint income, W-2, 1099 income, 1 rental, 2 kids), a CPA is strongly recommended.
Karen Margrave
REDDING, CA INVESTORS
24 January 2025 | 37 replies
Add to that we have Bethel School of Supernatural Ministry with students (ages vary from 18 to seniors) numbering a few thousand, with no dorm space, and investors have purchased homes and rent room space to them.
Chad Jones
HELOC to fund a rehab?
28 January 2025 | 11 replies
Rates as low as 7.25, depending on credit score and LTV.
Noah Laker
TAXES: Divorced client wants to sell
17 January 2025 | 3 replies
If the client is in CA the community property state laws may help here (not entirely sure) depending on when the property was acquired but it would be a great question for an attorney as Jason mentioned.If they were married and went through a divorce it would be worth looking into how the divorce paperwork stated how that property would be handled.
Spencer Cuello
Airbnb Rental Arbitrage
28 January 2025 | 13 replies
Airbnb rental arbitrage can work, but it depends.
Mashal Choudhry
Wholesaling in arkansas
16 January 2025 | 15 replies
In this scenario it is very tricky depending on the end buyers finances if you are looking to sell it to an "end buyer" and not an investor. 2.
Daniel Dubeck
Gap funding
28 January 2025 | 14 replies
It depends on what exactly you are referring to with gap funding.