Jeff Saunders
Keene, NH - duplex #3
10 December 2024 | 0 replies
Managed a substantial rent increase with two newly qualified tenants.
Xavien Rafael
How to Build Business Credit Without Impacting Your Personal Score
13 December 2024 | 2 replies
Scaling with Business Lines of CreditAs your business credit grows, you’ll qualify for larger funding opportunities such as:Business Lines of Credit (LOCs): Flexible borrowing for down payments, renovations, or operational expenses.Unsecured Business Loans: Access up to $250K or more without tying up personal assets.These financing tools allow you to scale faster while keeping personal credit utilization low.5.
Dan H.
Underwriting STR - Looks promising but deeper evaluation shows poor return
15 December 2024 | 13 replies
I cannot qualify for traditional conventional for multiple reasons but the over 200 to 1 debt to income ratio is a primary reason.
Gi'angelo Bautista
House Flipping Performance Coaching/Community?
11 December 2024 | 8 replies
I didn't qualify for Collective Genius because I don't do a lot of volume.
Rud Sev
High level of taxes for syndication
20 December 2024 | 20 replies
Cost segregation and bonus depreciation may create paper losses during the holding period, potentially offsetting some preferred return income if you have passive income or qualify as a real estate professional.This post does not create a CPA-Client relationship.
Julie J.
Creative financing Q
7 December 2024 | 4 replies
Hello allI am trying to buy SFH, probably cost a lot more for what I qualify for.
Jackson Harris
Starting Out In Phoenix At 24!
17 December 2024 | 12 replies
I'm personally looking to start the exact same way as you with a multifamily house hack.It's great that you already have an idea of how much $ you qualify for so that you know what locations to start looking in.
Bao Vu
Question regarding Tax on a Flip
12 December 2024 | 10 replies
Primary Residence is taxed as short-term or long-term capital gains on sale and it may qualify for Sec 121 ExclusionIf you are classified as a Dealer you will pay ordinary income taxes on sale.
Kiyana Hancock
Fannie Mae 5% Down Multifamily Loan for out of state purchase
12 December 2024 | 6 replies
If you don't plan on moving there, then you cannot qualify for the 5% down.
Shaheen Ahmed
Property taxes on rentals
18 December 2024 | 15 replies
A property qualifies as Homestead for this exemption if an eligible owner files a Principal Residence Exemption (PRE): https://www.michigan.gov/taxes/0,4676,7-238-43535_43539-210891--,00.html#:~:text=Section%20211.7cc%20and%20211.7,purposes%20up%20to%2018%20mills.Many investors have gotten an ugly surprise when they bought a property that was a primary residence of the seller for the last 20 years.