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27 August 2019 | 5 replies
Or can I just count the cashflow as income?
11 September 2019 | 2 replies
I’m not sure how long it’s lifetime is and whether or not it can be counted on to cash flow.
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31 August 2019 | 10 replies
The VA will be lifting the V loan limits so if you find a fourplex they may be able to count that income as part of your loan.2.
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27 August 2019 | 0 replies
I have been reading that up to 4 mortgages are easy to get and instead of the total amount on the mortgage the count matters.How would these two compare?
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28 September 2019 | 6 replies
Hopefully your income is relatively high because some lenders will count your HELOC as debt, even if you haven't drawn on it. 20-25% down will get you better terms and more flexibility, plus it forces you to stack cash.
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27 August 2019 | 0 replies
I have been reading that up to 4 mortgages are easy to get and instead of the total amount on the mortgage the count matters.How would these two compare?
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30 August 2019 | 13 replies
If so, then you're not making $140k.What counts as your income is NET income, or rent minus all expenses: mortgage interest, property taxes, insurance, maintenance, repairs, depreciation and more.
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8 September 2019 | 9 replies
See it all the time where the owner or Workampers hours are not counted and it can be extremely time intensive to manage a park if there are not good systems and maintenance schedules set up.
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6 December 2019 | 4 replies
Assuming it will be a rental, many lenders will count that differently because it will be tenanted so they won't balk as much at your DTI.