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1 December 2024 | 3 replies
Quote from @Stuart Udis: The Philadelphia Housing Authority (PHA) recently acquired a 360 unit 12 story multi-family building for $24M and a local news outlet reported on the building.
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9 December 2024 | 98 replies
Some report bitcoin has two values ( intrinsic) storage and exchange.
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29 November 2024 | 6 replies
If you reported a lot of expenses and showed a loss, then the loss will be treated as a liability in DTI calculation.
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3 December 2024 | 22 replies
Has anyone seen data/reports on which platforms prospective tenants gravitate to the most?
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29 November 2024 | 9 replies
Quote from @Jeff Chisum: If a DSCR originator (keep in mind you don’t need a mortgage license to originate) tells you the loan will not be reported on your personal credit but require you to be a personal guarantor your next request should be; “I want to see in writing it will not be reported on my personal credit”.
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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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3 December 2024 | 26 replies
I am going to try these out and report back once I talk to them to make sure they are legit
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4 December 2024 | 18 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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3 December 2024 | 21 replies
My new bookkeeper initially thought the multiple checking accounts was weird but now she has come around to seeing how easy it is to get detailed reports and information about each individual property this way as opposed to having one operating account for all properties.