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3 February 2022 | 4 replies
I think one BIG factor I missed is INTEREST.
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1 February 2022 | 3 replies
Other factors that could effect what program you can qualify for is your Debt to Income and credit score.
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4 February 2022 | 10 replies
Some of the credit cards they get you do not report on your credit profile unless you don’t, But you would be the personal guarantor and they would look at your personal credit As a determining factor.
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2 February 2022 | 10 replies
Those factors can jack up that $80k revenue real quick
2 February 2022 | 4 replies
Yes, you pay interest whether it's in use or not, but the downsides of a HELOC outweigh that factor, in my opinion.
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10 February 2022 | 13 replies
Building one will cost you about $200-$300 a sq/ft so be sure to factor in those costs as well.Renting by the room will probably bring the most cash flow, but one has to be alright with sharing a space with multiple people in exchange for more money.Good luck getting started!
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3 February 2022 | 5 replies
So multiple factors.
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2 February 2022 | 6 replies
Factors that may help - sold off market, showing rental history of the purchase before and after, if you have a history of buying long term rentals.
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2 February 2022 | 0 replies
It depends on so many factors.
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4 February 2022 | 3 replies
But the numbers vary lender to lender and some will make allow for other compensating factors to offset low population / rural numbers.