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20 February 2024 | 1 reply
Debt Service Coverage Ratio (DSCR) loans are a type of commercial real estate loan where the lender evaluates the borrower's ability to repay the loan based on the property's income generated.
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20 February 2024 | 24 replies
.#3 At this point I would have a good lender or two in your pocket that have run different options for you based on what you qualify for loan wise.
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20 February 2024 | 7 replies
Make a decision based on the numbers.
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20 February 2024 | 11 replies
The ownership and use periods do not need to be consecutive.Exceptions to the Two-Year Rule:If you're selling due to a change in employment, health reasons, or other unforeseen circumstances, you may be eligible for a reduced exclusion.In cases of unforeseen circumstances, the IRS may prorate the exclusion based on the time you spent in the home.In your situation, if you sell the property before meeting the two-year ownership and use requirement, you may not qualify for the full exclusion.
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20 February 2024 | 15 replies
I personally view it as a liability protection issue and base the decision on my costs to have the LLC versus the equity contained within.
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20 February 2024 | 6 replies
Based on the post, I'm not sure if the units are identical.
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19 February 2024 | 18 replies
I set custom calendars based on the property.
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19 February 2024 | 5 replies
It's probably quickest just to give them the required notice to move (based on the state you're in)
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19 February 2024 | 32 replies
I am an Alpharetta native, a RE broker, and founder of Hopewell Handyman, based in Alpharetta.
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20 February 2024 | 11 replies
They do tend to require more time managing and ensuring that your rental rates are competitive based on current STR availability/rates in your area.