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6 August 2024 | 17 replies
Just because you add an ADU doesn’t mean it’s going to add enough value to recapture that $300K.If it sounds slightly out of your comfort zone a simple conversation can be extremely impactful Thats where breaking down the payment management tools, local experts on small repairs, credit and background checks for renters, all comes into play.
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5 August 2024 | 7 replies
You must deduct it, otherwise you're breaking both tax rules and lending rules.Where you have options is how to classify some expenses.
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8 August 2024 | 46 replies
Turning my primary in Plainfield, IN into rental property.
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8 August 2024 | 32 replies
My wife and I used this on our primary that we later turned into an investment property.
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9 August 2024 | 8 replies
If they're a good broker they put me into their mailing list and start sending me any new listings they have.
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8 August 2024 | 4 replies
Hi @Jason V.I would seek a 2nd position lien before refinancing into a DSCR loan at a much higher rate.
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9 August 2024 | 12 replies
When I got the park you could pull anything into the community.
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9 August 2024 | 8 replies
The mentor will have an opportunity to know you, see your determination and will, and then decide to pour their time and energy into helping you develop.
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8 August 2024 | 5 replies
@Holly PetersonWe see many lending in a junior position and not checking on status of the first and then the first goes into default and accrues very high interest that eventually wipes them out.Always make sure you understand full picture
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8 August 2024 | 4 replies
If you moved in to this property tomorrow, after it was empty for 5 years it would get prorated.