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2 February 2025 | 0 replies
Owner carry financing, hard money for renovations, then refinanced into a long-term mortgage.
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17 February 2025 | 7 replies
For a hard money loan, you have to close in an entity, it also helps with your credit being the mortgage is not under your name, with a 700+ credit we can usually get you 80% LTV on a purchase.
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10 February 2025 | 7 replies
If the rents are already nearing market rates, will she be able to go up that much?
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5 February 2025 | 9 replies
I started off doing long distance BRRRRs until the rates went up.
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24 February 2025 | 1 reply
Say Income tax rate is 25%.
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7 February 2025 | 5 replies
While a western WA deal might not meet some Midwest cf metric like 1%, it will be above the market cap rate or below FMV of comparibles and give you options.
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22 February 2025 | 12 replies
Statistically, the CPA exam has had a pass rate of 45-55% and the BAR exam has had a pass rate of 40-75%.About Enrolled Agents (EAs):An Enrolled Agent (EA) is a tax expert licensed by the IRS.
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23 February 2025 | 4 replies
It's not as high performing as what's traditionally recommended (it's still cash flow positive but has a small margin) but that has a lot to do with the high interest rate.
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22 February 2025 | 8 replies
Average rents are hovering around $1,100 a month, and properties are getting snatched up fast, with vacancy rates staying low.
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2 February 2025 | 8 replies
So, comps can help with figuring out local cap rates, then you need the income from the property to determine a value.