
15 June 2020 | 11 replies
All other terms of the lease agreement remain in full effect.

9 June 2020 | 11 replies
Hopefully this is the right thread for this question and thank you in advance.TL;DR - own a few rentals, DSCR is 1.05, could take out a bigger loan against a property to get more cash for next purchase, DSCR would go to about 0.90 before next purchase is renovated/rented, RE is side gig and job is stable to can put additional W-2 wages to cover RE, want to remain somewhat conservative with potential long term COVID economic fallout, how conservative is too conservative?

9 June 2020 | 6 replies
Assuming the current loan ($350,000) and do some kind of seller carry back finance for the remaining difference ($450,000).
11 June 2020 | 3 replies
With the current price to rent ratios a property would usually need to be vacant, and or have top of the market rents to satisfy this requirement.

24 July 2020 | 61 replies
My husband disliked it so much that we actually sold all but one of our buy and holds after a few years, and he refused to do another flip, even though we did make a profit on our only one, said he could make more in the stock market without the effort, but he agreed to let me handle the remaining one without him getting involved as I just wasn't selling it.

9 June 2020 | 5 replies
That basically means you make payments as if the term were 25 years (which makes your payments much lower), but at the end of 15 years, the gig is up, and you have to either pay off the remaining mortgage balance (the balloon), refinance into a new mortgage, or sell.

19 June 2020 | 19 replies
As long as you are setting it aside and not spending it, your options will remain open to pursue whatever avenue makes the most sense for you.

14 June 2020 | 22 replies
It is the additional power to completely defer (indefinitely and later eliminate) the remaining Fed cap gains tax and associated state tax as well.

12 June 2020 | 7 replies
A simple coding system for company assets and expenditures (all within a single checking account) would satisfy the statutory requirement of reasonableness.

10 June 2020 | 12 replies
The market we are in is extremely hot for sellers, such that most duplexes have multiple offers at or above asking after only a day or two on the market, which makes it difficult to request additional information ahead of making an offer, such as the lease, yet remain competitive and timely.