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14 February 2024 | 2 replies
However, using STR in an attempt to qualify for crossing real estate investment expenses and depreciation over to your W2 income triggers audits.
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15 February 2024 | 1 reply
Add anyone you feel may be interested,I have had some people who would not be qualified for my offering but they refer me to others who are qualified.2.
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15 February 2024 | 3 replies
We expected this, as we were still under homestead at our old residence at the time.
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15 February 2024 | 4 replies
If there are down payment assistance programs in your area then you will more than likely be able to use that on a triplex so long as you plan to buy it as your primary residence.
15 February 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
15 February 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
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15 February 2024 | 2 replies
Partnering with an experienced investor can enable a less experienced investor to take advantage of features that they otherwise would not qualify for.
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15 February 2024 | 43 replies
ADU ordinance update 2017 excerpt below.Companion code section:Before a Building Permit may be issued for a companion unit......that the record owner shall reside in the primary dwelling unit or the companion unit.Junior Unit code section:"Before a Building Permit may be issued for a junior unit.....and that the record owner shall reside in the primary dwelling unit or the junior unit"I work in SD as a land use/planning and site design Civil, so if you have questions about local reg's or municipal codes in the area feel free to reach out.
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15 February 2024 | 17 replies
If there is something special in your scenario that is causing the issue you always have non-QM products to fall back on like DSCR (qualify based on the asset, only works for investment properties) or Bank Statement loans (qualify based on income, no taxes required, great for self employed).
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14 February 2024 | 26 replies
So you can buy a commercial zoned prop or one w/ an existing license to qualify - otherwise you'll want to look outside of city limits.