Luis Ramirez
Seeking Advice: House Hacking with Airbnb and Second Mortgages
26 November 2024 | 1 reply
The problem is, airbnb income is not considered "stable" so for qualifying purposes there isn't a way to project that accurately if there isn't any previous rental history for the property.
Dave Harlan
Thoughts on Kiavi?
6 December 2024 | 21 replies
You can use a market rent 1007, Air DNA, to qualify.
Nathan M kiefer
400k bonus - tax mitigation
26 November 2024 | 13 replies
@Nathan M kieferIf you are getting $400k in W-2 income, unlikely you will qualify as a real estate professional unless: (1) you have equity in the company and its in an industry that allows you to qualify as real estate professional; or (2) you have a spouse that qualifies.
Joshua Morency
House Hacking In New York City?
29 November 2024 | 7 replies
One possible way is to qualify for a loan, get a house with multiple bedrooms, and rent it out to multiple people.
Chris Seveney
Happy Thanksgiving - Lets Stir The Pot With My Unpopular Opinion
28 November 2024 | 1 reply
Real Estate should not be depreciated.Depreciation is one of the most beloved tools in real estate investing, but let’s take a moment to challenge the norm: Should real estate even qualify for depreciation?
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
Banks will provide traditional financing for properties over 50k, assuming the borrower can qualify.
Josh Lemons
Any feedback on connect invest?
27 November 2024 | 1 reply
@Josh LemonsThey have a regulation A offering which is open to accredited and non accredited investorsThe great thing is they have to submit their offering circular and have it qualified by SEC as well as submit financial information etc.All this means is the information is readily available and if you do not understand it then I recommend engaging an attorney who can interpret it.
Carlos Ptriawan
Don't become passive investors
1 December 2024 | 91 replies
If the loan is maturing in the next few months, the owner has no way to refinance at the current high rate, since the cash flow will not qualify for the double high interest rate.
Nabby Boat
How do I start
30 November 2024 | 4 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.
Justin Woods
Cost Segregation - Bonus Depreciation on House Hack
26 November 2024 | 13 replies
So if you do a cost seg once completed on that business portion- it may not qualify for bonus.