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21 January 2025 | 4 replies
Proof of funds would be a bank statement or some other document indicating the liquidity you have.
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24 January 2025 | 0 replies
Germany's resilience to global financial crises and its strong fiscal policies create a favorable environment for real estate investment.Moreover, interest rates in Germany remain at historically low levels, largely due to the European Central Bank's monetary policies.
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14 January 2025 | 2 replies
Quote from @Will Cruz: Does anyone know of a Bank that is willing to do a HELOC on an investment property?
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28 January 2025 | 71 replies
The extra 1050 a month definitely helped with the bank.
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4 February 2025 | 87 replies
Quote from @Stuart Udis: You can also reduce your transactional costs by using a bank construction to permanent loan with an earn out.
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21 January 2025 | 4 replies
At this point, I would recommend having a line of credit to cover these things so you don't have money sitting in the bank doing nothing when it could be put to work.I have 33 units, no debt except for mortgages, and excellent income.
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22 January 2025 | 8 replies
For bookkeeping purposes, I recommend designating a separate bank account exclusive to the house hack activities to keep some sanity.
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14 January 2025 | 1 reply
They switch banks and ask for an extension and add another $2500 deposit as a show of good faith.
14 January 2025 | 7 replies
Meaning, the bank wants to see that a property cash flows for typically one to two years of tax returns before they count it as income.
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5 February 2025 | 28 replies
If you want something that looks nice Article and Castlery have some great looking stuff without breaking the bank too bad ($2-3K range).