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6 November 2024 | 12 replies
Working on a deal that the seller is open to carrying up to 10% of the down payment.
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5 November 2024 | 39 replies
I got dollars to doughnuts you’re screwed.
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23 November 2024 | 11 replies
Hope this helps, and best of luck on your journey Priya!
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20 November 2024 | 27 replies
I have placed on all the free sites and start getting requests but is slow, any ideas or experience on which works the best?
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21 November 2024 | 9 replies
Once you see how much it cash flows, you can divide by your total cash investment to find the cash on cash return, then make assumptions about appreciation and mortgage paydown to find your total return.
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21 November 2024 | 9 replies
Document every incident and move on.
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21 November 2024 | 0 replies
The home was listed on the mls.
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21 November 2024 | 2 replies
You are required to file a complete and accurate return, which means reporting the income that you earned along with atleast the direct expenses that you incurred on your rental.There are two comflicting forces - Your tax accountant wants to be aggressive with deductions because it will entitle you to paying less taxes(now or in the future).Your lender wants to see as much income as that will increase your Debt to Income Ratio(DTI).The good thing is that you can speak with your lender about 'one time expenses', that were only incurred in that year and are not reoccuring.
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7 November 2024 | 1 reply
Hey everyone,I am looking to get in on my first deal.
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20 November 2024 | 11 replies
My unit is a 2/2 in Destin, but on the North side of the highway.