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20 November 2024 | 2 replies
Again, this is a broad question to engage people's thoughts on the subject matterPlease feel free to share your thoughts and ideas
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22 November 2024 | 92 replies
It is still subject the mortgage rates and business plan to make the investment profitable.
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20 November 2024 | 9 replies
Hi Hunter.Hopefully I have some good answers for you regarding our doctor program.Employment start date must be with 90 days of loan closing.Min Fico 720Max DTI of 43% 6 months reserves on subject property and the other properties you own.5% down on $400k to 1.5M10% down on 1.5M to 2MWill be an ARMNo mortgage insuranceSFR, Condo, Townhome, PUDs only no MultiunitsLet me know if you have any other questions!
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18 November 2024 | 3 replies
Leverage in an IRA will produce Unrelated Debt Financed Income (UDFI), subject to Unrelated Business Income Tax (UBIT).There are plenty of investment options to deploy your IRA funds, but again, using your IRA in connection with this transaction will disqualify your IRA.
21 November 2024 | 8 replies
One form of that is finding a specific niche subject matter expertise...something like an ice fishing cabin that those of us who don't know a thing about the category would never think of investing in.
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21 November 2024 | 10 replies
Everyone will be subject to this, so don't think that if you go to lender A vs lender B that they would be able to circumvent this.2.
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19 November 2024 | 9 replies
If the subject floor is not perfectly flat, pour a self-leveler over the existing flooring (read the instructions on the bag FIRST).
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11 November 2024 | 2 replies
They lend you the money you need to buy their house.Subject to - you buy the house subject to the existing mortgage.
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18 November 2024 | 3 replies
In that case you would be buying the house subject to that existing mortgage and borrowing an additional $100k?
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19 November 2024 | 5 replies
This is more tax efficient as the interest you collect would be subject to ordinary income (outside of an IRA, whereas in an IRA, there’d be no tax on this.