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18 April 2024 | 1 reply
I'm also looking to also report it to credit bureaus so that it's on their rental history.
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19 April 2024 | 5 replies
As for the down payment, I would make sure you always have some cash on the side lines for liquidity as lenders will want to see cash amounts outside of credit lines.
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19 April 2024 | 15 replies
Do you work with any specialty tax firms to help us small business owners get access to R&D tax credits, cost segregation and other specialty tax credits?
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18 April 2024 | 15 replies
To sum up the risks to the seller; the seller remains liable on a note which is secured by real estate they no longer own; the property sale has violated the due on sale clause of the mortgage or deed of trust and the note can be accelerated by the lender; the seller’s credit capacity is impaired because he has debt with no offsetting property equity.
19 April 2024 | 1 reply
You can really mess up the seller's credit if you miss payments and they can then sue you.4.
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19 April 2024 | 8 replies
As long as you keep everything in a separate bank and credit card account, it should be fairly straightforward to track.
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17 April 2024 | 16 replies
Is there a positive DSCR etc.).That being said, I'm curious to see what @Josiah W. can do with the 0% interest lines of credit.
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19 April 2024 | 14 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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17 April 2024 | 6 replies
We would just need to verify you have a decent credit score and the rents can cover the total mortgage payment at that loan amount.