
25 March 2024 | 0 replies
I then sold it quickly using creative finance to create passive income.

25 March 2024 | 6 replies
You should utilize the DSCR 30 year fixed no income no doc program in your llc

23 March 2024 | 1 reply
After buying a property via DSCR loan with an un-nested LLC, can I legally move that LLC into my corporate structure so it would be owned by a nested LLC?

25 March 2024 | 5 replies
I assume not.If the property was purchased under an LLC and my parents get a 5 % preferred return and they personally guarantee the loan, but I take the majority of the income, does this remove the loan from my DTI?

25 March 2024 | 0 replies
Thanks to the Cost Segregation Study, the property investors were able to reclassify the property into the following categories to accelerate the depreciation:The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

25 March 2024 | 35 replies
The reason I haven’t purchased anything yet is because I’m a new real estate agent and I’m focused on building my business as an agent for the time being as well as saving up money for a down payment while I’m building enough of a track record to show the banks that my income is steady enough to be approved for a loan since I won’t have any w-2 income.

24 March 2024 | 6 replies
So right off the bat a good lawyer can pierce that corporate veil because you are on the mortgage and just quit claim deeded the property to someone else.
25 March 2024 | 8 replies
Building a duplex or triplex for house hacking could be a solid investment strategy, especially considering the potential rental income and your ability to live in one of the units.

25 March 2024 | 9 replies
We want our daughter in the better school district.Both of our income increased significantly this past January.

26 March 2024 | 16 replies
Also my cash flow is not that great (relative to value of RE) because I have extracted value on a consistent basis (income is almost $20k/month more than piti but when subtracting off the other expenses (cap ex/maintenance, vacancy, misc) it is less.