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7 February 2024 | 7 replies
To your point, I was recently looking at Oklahoma City and Huntsville as potential locations and they looked promising.
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7 February 2024 | 4 replies
It's not enough to review blueprints and designs on paper; a face-to-face meeting with potential builders is imperative.
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7 February 2024 | 8 replies
I’ve qualified as real estate professional since 2021 and just found a potentially good opportunity to acquire a property in Mexico that would make for either a solid STR and/or eventually our forever home.I’m completely new to acquiring a foreign property- how to finance, what purchase process looks like, how foreign STR is taxed, does real estate professional status matter, etc.
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7 February 2024 | 4 replies
DSCR also does not look at your income i.e. taxes, W-2, paystubs, etc but rather will look at the potential cashflow of the property.
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7 February 2024 | 4 replies
Can potentially open a HELOC on this property.
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7 February 2024 | 34 replies
Even if you meet these requirements, depreciation deductions for luxury cars have limits, requiring fancy calculations and potentially resulting in tax hits.
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7 February 2024 | 2 replies
Syracuse has great potential for any sort of investing possible.
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7 February 2024 | 8 replies
Makes kind of sense that they want to cover their butt for any potential lawsuits.
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7 February 2024 | 2 replies
If I do try to wholesale this house what costs or other things should I consider for my potential buyer?
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7 February 2024 | 10 replies
Our plan was to use this HELOC to secure off-market deals from wholesalers and then pursue refinancing.Concerns and Seeking Advice:However, I've read discussions, indicating potential challenges in refinancing when a significant portion of DTI is tied up in a HELOC.Given our situation, I am keen on understanding:1.