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2 May 2024 | 13 replies
Check reviews online, etc., to see how far down the rabbit hole they are willing to go.
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3 May 2024 | 5 replies
While the BRRRR strategy is effective, it requires experience in renovation, property management and market analysis.
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2 May 2024 | 6 replies
Are there any requirements for eligibility?
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2 May 2024 | 3 replies
This is the 2 units + 2 ADUs scenario.I am worried Scenario A might push future financing option into commercial real estate only, which will limit my cashout refi options and the future buyer pool.From a lending perspective, since a "Land Use Restriction" is required to be recorded on the Deed to limit rentals to be longer than 30 days, the property thus will not be considered a true "5 unit commercial property" and my worries in Scenario A will not come to pass, right?
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4 May 2024 | 9 replies
Being a successful agent requires a lot of time and effort.3.
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2 May 2024 | 6 replies
After signing up, they then reached out about requiring an electrical and plumbing inspection.
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30 April 2024 | 12 replies
Occasionally we see places listed that need 4 Wheel Drive to access or require climbing a lot of stairs to reach the front door.
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2 May 2024 | 10 replies
You will need to work with a tax professional to analyze your current tax situation (income, deductions, activities, etc.) as well as projected income from the fix and flip business.The benefits have to outweigh the costs (payroll costs, additional tax returns, more stringent reporting and compliance requirements, etc.).One important note - an S Corp is not an entity; it is a tax election.
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2 May 2024 | 27 replies
We require actual rent comps from them.
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2 May 2024 | 8 replies
There are a lot of variables involved here.Min down payment requirement to meet min DSCR would most likely be 25%Whats your estimated credit score?