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13 December 2024 | 4 replies
But I will say that 1031 will not apply, that needs to be a longer-term hold/investment. 1031 applies to rentals, STRs, MTRs that are held for much longer.
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21 January 2025 | 59 replies
There are realities about making money that apply to lending and Cash Flow.
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13 December 2024 | 5 replies
Last questions, can't a voucher holder apply to any home of any size in their approved area?
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17 December 2024 | 12 replies
How do I know if this applies to the areas I'm looking at?
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13 December 2024 | 10 replies
My concern is that if i apply for a HELOC to use for the down payment before i apply for a mortgage, A) I wont get approved due to my DTI ratio, and B) I wont get approved without first showing the bank I have the 20% down payment before pulling the HELOC.
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16 December 2024 | 7 replies
DSCR has other guidelines, but generally the same rules will apply more or less.
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19 December 2024 | 22 replies
Another thing we like to do is offer a discount on second month's rent if you apply within 24 hours of viewing the apartment.
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30 December 2024 | 89 replies
I'm going to see where I can apply my knowledge I'm still a young padowon haha
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15 December 2024 | 4 replies
My vision includes developing the land into a destination with features like driveways, walking paths, utilities, and unique lodging structures.Here’s my tentative plan1.Place the existing STR in an LLC2.Apply for an SBA small business loan to fund the next steps, including a feasibility study (~$10k+), land clearing, and infrastructure development.While this direction excites me, I’m torn between pursuing this venture and continuing with a more traditional approach—buying one home per year using conventional loans.I’d love to hear your thoughts:•Has anyone transitioned from STRs to glamping or similar ventures?
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27 December 2024 | 22 replies
Hence, the decision was to make the flight using a single-engine plane.The same logic applies to multi-family properties: a fourplex has four times the vacancy risk of a single-family.