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29 September 2024 | 13 replies
Whenever I read investor posts about unit count goals and utilizing section 8 rentals as the vehicle to scale a portfolio it loosely translates to buying real estate without paying attention to the fundamentals in the markets where they invest.
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28 September 2024 | 17 replies
@Chris Seveney is correct though in this scenario your going to need cross collateral.
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1 October 2024 | 8 replies
Your SBA lender will also be a good lead since they can cross collateralize the loan.
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30 September 2024 | 4 replies
I just counted 23 support tickets I have open right now 😑 Avoid guesty all costs.
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30 September 2024 | 5 replies
I would just point out that when you get involved with syndications as a LP, you are basically handing over your money and crossing your fingers that the guys you are hooking up with are honest, fair, and will take care of you well.
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30 September 2024 | 1 reply
You’ll need to show rental income for two years in order to count rental income for mortgage purposes.
1 October 2024 | 10 replies
Quote from @Don Konipol: Depreciating assets.I don't count investment property because you make the initial investment, and then it pays for itself after that while producing a return.
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1 October 2024 | 13 replies
Follow up:So does my personal track record - including putting my own personal cash (up to &90K in some SFH traditional finance purchases) not count as a performance track record?
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1 October 2024 | 12 replies
It shouldn't be input as income as it is not income, your property managers already input it as income so that would be counting it twice.
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29 September 2024 | 1 reply
Does this count as an owner-occupied rental?