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29 December 2017 | 41 replies
Is there perhaps a way to search me ever by their qualifications?
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3 December 2017 | 1 reply
Are you aware of the qualifications to submit an application?
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24 September 2019 | 15 replies
@Etan Frankel although the government has a hard deadline of April 20th, 2018 to establish designated opportunity zones nation-wide, the investments wont happen for a short period afterwards while the IRS works on designating qualifications for the certification of an Opportunity Zone Fund.As soon as the certifications have been designated and the flood gates for applications are opened, i am sure you will begin to see many Opportunity Fund's pop up that would be eager to participate in the investment.
20 March 2018 | 15 replies
Then, once each rental is done this way and applied to income or debt, they are going calculate your DTI and qualify or deny you based on the DTI requirements of that particular loan program (28%, 30%, 35%, 40%, 60+% back in 2005, whatever).The above underwriting method is know as "washing" the debt of each rental property with its income.Another way that they do it is they simply take the PITI of each property straight to the debt, and the rental income from each property straight to the income (usually also reduced to 75%); rather than washing it first.It is advantageous to the borrower's qualifications to "wash" the PITI with the rental income and then apply the remainder, whether positive or negative, to income or debt.
14 March 2018 | 5 replies
These are private placements, so there are qualifications that you must have but, they will take your "leftovers" so to speak, so that you do not have to worry about a timeline and possibly be liable to tax.
24 March 2018 | 33 replies
However, the trade off is you have to follow their rules, qualifications, and timelines.
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14 March 2018 | 1 reply
Consequently, we have a harder time finding renters in those areas as we apply our same pre-qualifications standards to those units (Income 3x or more the rent; no previous evictions; avg. credit score of 600 or better).
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25 July 2021 | 12 replies
How do you get around this government implemented hurdle?
I have recently started a solo401k, so I have 83,000 sitting there that I would like to invest. I would like to use one of the online platforms like crowdstre...
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9 July 2020 | 4 replies
I am looking to make a sizable SEP IRA contribution to reduce my tax liability, but I don't want to hurt my ability to borrow in the future by not making enough income. Is SEP IRA contributions added back in the way ...
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19 March 2018 | 7 replies
Thanks in advance A refi has the same qualification requirements as a purchase.