Praveen Van
loan without impacting credit score/history (DSCR loan)
19 April 2024 | 15 replies
The DSCR loan is underwritten solely based on the income of the property .
Hoa Nguyen
HELOC vs Hard Money for a flip
19 April 2024 | 11 replies
Check out Figure, you do everything on-line and it's quick.
Joy D.
Garage Conversion to Living Space
21 April 2024 | 41 replies
It’s a bit of a process with several steps, but it's totally doable and well worth it for the added income!
Hannah Potter
When to hire a CPA?
19 April 2024 | 15 replies
Note not tax advice, this is more for the high income earner...Simple Scenarios: Using TurboTaxPrimary Use: TurboTax and similar tax preparation software are best suited for relatively straightforward tax situations.
Sharon Supera
To keep or to sell
19 April 2024 | 3 replies
It's crucial to estimate the total cost of these renovations and weigh them against the potential increase in property value or rental income.
Mitul Gandhi
Chicago Taxes ?
19 April 2024 | 4 replies
The property taxes online said the owner was paying 3k a year.
Nathan Stone
Is Homeroom property management any good?
21 April 2024 | 22 replies
Stuff like that will bug you, but I keep telling myself, it's passive income, you wanted to be hands-off...:) Hopefully it's rented out fully soon or we'll be looking to do a SFH with another management company most likely.
JD Smith
Second Home/Vacation Property Loan (10% down) an option?
20 April 2024 | 24 replies
It's 20% down but it doesn't go off DTI but income of the property (yes, even SFH for STR).
Matthew Masoud
What Percentage of your reservations come from Airbnb?
18 April 2024 | 36 replies
I have more bookings from Airbnb, but these are shorter (2 to 3 days) stays and represent 22% of income.
Doug Smith
Why, Oh Why, Is the Fed's Inflation Target 2% (a rant)
21 April 2024 | 12 replies
American's spend 25% or more of their income on real estate expenses.