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29 February 2024 | 8 replies
This could be through finding ways to increase the rent on your existing properties, taking on additional work, or finding other income streams.Reducing your current debt levels can also improve your DTI ratio.Improve Your Credit Score.Look into various financial institutions, including community banks, credit unions, and online lenders, which may have different criteria or offer programs for investors.Since portfolio lenders retain their loans in their own portfolios rather than selling them on the secondary market, they are able to provide greater flexibility.
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1 March 2024 | 15 replies
Keeping an 8 bedroom SFR I believe would also be hard to rent to a long term tenant as the demand for that many bedrooms would be lower as I would image as most people do not need that many bedrooms.
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29 February 2024 | 6 replies
This lowers the overall cost of the project by lowering the tax owed dollar for dollar.What are the requirements to qualify for this credit?
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29 February 2024 | 4 replies
What level of remodeling did you complete and do you care if it gets destroyed by tenants?
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29 February 2024 | 3 replies
So I put 22k into a 401k which will lower what I was going to owe.
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28 February 2024 | 4 replies
Training/workshops are useless on a national level as almost all aspects are very state specific, and often county/city specific.
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1 March 2024 | 97 replies
I was rather impressed with the level of professionalism with the questions and discussion.
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29 February 2024 | 4 replies
The mortgage is assumable upon their demise (and at a rate lower than those currently being offered).
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28 February 2024 | 0 replies
We are now back to Nov. 30th levels, making this a 3 month…. dare I say … Trend!
27 February 2024 | 3 replies
This could help offset some of the high construction costs and enable you to offer lower rents to tenants.2.Consider mixed-use development: Instead of solely building apartment buildings, you could also consider incorporating commercial spaces such as retail stores or offices into the development.