Gil Happy
Questions About Financing All Cash Offer On Single Family Home
23 May 2021 | 9 replies
Would the bank give you a 'mortgage' for 800k, or is it subject to appraisal?
Jack B.
Should I pass on this rental?
12 May 2021 | 6 replies
@Jack B. this is my opinion and I might be wrong but on the subject of inventory I think it is going to come back after the forbearance moratorium is over.
Whitney Breedlove
Cash Offer and then Refinancing
11 May 2021 | 1 reply
If it is a loan, they are required by law to charge fair market interest or they could be subject to paying imputed interest.
John Wilken
Investing while in college
12 May 2021 | 4 replies
This is a tough subject, as there are many wholesalers out there but most are not great at what they do.
MArin Ruiz
First time Commercial Investor (5 units)
13 May 2021 | 2 replies
@MArin RuizI would reach out to local banks and credit unions in your area and ask them if they lend on your subject property.
Sawyer Smith
At what point is it commercial?
13 May 2021 | 8 replies
Financing is subject to its own distinct rules and as others have said; 5 units or greater require commercial financing.
Ben Beausir
Payoff Student Loans or Invest?
11 May 2021 | 3 replies
But after I had a few rentals under my belt I refinanced them, pulled the cash out (not subject to capital gains tax) and paid those loans off.
Sara Walters
debt-to-income calculation when only one spouse is investing?
19 May 2021 | 16 replies
These terms are based on what my company does and will vary from lender to lender.On a DSCR loan, rents of subject property must be 100%-115% of the mortgage payment.
Account Closed
BRRRR - Capital gains
12 May 2021 | 1 reply
If I do a complete BRRRR, and retain equity after the refi, then decide to sell before the 1 year mark, will I be subject to short term capital gains tax?
Chris Bishop
My 7 year journey to purchasing my first rental property
12 May 2021 | 1 reply
I would stop by his house frequently just to talk while I was looking for work opportunities.