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31 March 2024 | 5 replies
Do you have another income source right now?
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31 March 2024 | 2 replies
So wanted to know is there any way or tips if you have, to assume Loan (may be VA loan) when my debt to income ratio is high?
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29 March 2024 | 8 replies
They will look to work with small operating companies to get sba loans, but they will want to see two years of income : tax returnsSo if the company is a general contractor then its income / expenses could get it some sba loan but if you are fixing and flipping and are looking to get a mortgage they will look at you not the LLC
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2 April 2024 | 58 replies
The investment costs would be $300-$400k, with a potential profit margin of 60-90%, and a gross income on rents.
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1 April 2024 | 36 replies
A lot of sellers are burned-out landlords who like the idea of "passive income"/mailbox money after years of chasing late rent payments, dealing with tenant BS and maintaining the property (I use quotes for "passive income" b/c no income is truly passive IMO, a wise seller will still pay attention to what's happening with the property in case they need to take it back, but collecting payments like a bank is generally easier than collecting them like a landlord, you can set up ACH with the buyer's bank or hire a loan processing company to handle it).
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31 March 2024 | 7 replies
Is there a possibility of increasing income?
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31 March 2024 | 4 replies
“This highlights the importance of regular tax-loss harvesting in your after-tax nonretirement investment accounts throughout the year.”Contribution to a Traditional IRAAnother option would be to contribute to a traditional IRA to reduce taxable income, subject to contribution limits and deductibility phaseouts, says McGuff.
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31 March 2024 | 61 replies
if your a young realtor like I was started at 18 and got my brokers at 20. how are we going to qualify we dont have income yet..
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1 April 2024 | 14 replies
She also told me that the owner is from Mexico, he does not report everything and is earning more income than reported.