30 November 2024 | 4 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.
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2 December 2024 | 21 replies
Quote from @Brandon Croucier: I’d be looking to get into a DSCR loan.These loans are qualified by the properties income rather than your income, can close in an LLC, and also do not report on your credit report!
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26 November 2024 | 13 replies
So if you do a cost seg once completed on that business portion- it may not qualify for bonus.
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5 December 2024 | 31 replies
., leaving notice becomes X and non-renewal notice becomes Y instead of 60 days)I’m not qualified to give you any advise but that’s what we do.
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5 December 2024 | 34 replies
There were some years ago when buyers would just take over the lease and that is it, the value stayed the same and it was transferred in escrow to the new buyer if they qualified.
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26 November 2024 | 3 replies
Document the time you spent on the property compared to others, especially if you’re trying to qualify under the “100 hours and more than anyone else” test.
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26 November 2024 | 1 reply
This is something a qualified contractor can easily resolve.
26 November 2024 | 7 replies
Your property listing can also be a great way to lay out qualifying criteria (i.e credit score minimum, and require a co-signer if lower).After conducting due diligence into a particular tenants situation, and you decided to proceed with an application approval, you could require a higher security deposit.
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5 December 2024 | 48 replies
This is how I qualify properties I am considering.Underwriting Made Easy for Short Term Rental Investors (biggerpockets.com)
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25 November 2024 | 0 replies
Convert the Property to a Primary Residence: If you live in the property for at least two of the five years before selling, you may qualify for the primary residence exclusion, which allows you to exclude up to $250,000 of capital gains ($500,000 for married couples) from taxation.4.