
4 May 2024 | 6 replies
Although a DSCR is lenient on your personal income, they will still require a relatively clean appraisal.

4 May 2024 | 1 reply
Hello, I have a few rental properties and I am looking for a program that tells me the overall performance once I input income and expenses.

2 May 2024 | 7 replies
I would want to buy and hold/ rental (to help reduce my w2 income as well as cash flow).

4 May 2024 | 2 replies
(Can I use the estimated cash flow of the house as proof of income for mortgage applications?)
3 May 2024 | 8 replies
If not, what are other creative financing types that do not require income verification (or limited verification)?

3 May 2024 | 30 replies
If that is the case, then the income gets reported on Schedule C.

4 May 2024 | 18 replies
Second Set Clear Goals Are you looking for long-term wealth accumulation, steady income, or both?

3 May 2024 | 7 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

2 May 2024 | 9 replies
Then if you end up doing a self directed IRA instead of a Solo 401k from not having any self employment income, you are subject to UBIT rules, which can cost you thousands in fee annually just for the filing depending on the complexity - in addition to the tax owed.

4 May 2024 | 8 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.