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18 February 2024 | 0 replies
I am looking to hire an experienced wholesale expert that is doing at least 10 deals a month to help me with creating the offers to the sellers and the buyers from leads that I have coming in.
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19 February 2024 | 7 replies
I am looking at buying another property cash for 65k putting 12k into it and having it appraise for around $80k in hopes of creating a portfolio loan, if that is even a possibility at this point.
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19 February 2024 | 6 replies
If it is the FHA 100 rule - you need a pretty narrative of why you are relocating.
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19 February 2024 | 7 replies
The home is located in Warwick NYThe situation: We have an existing loan on this property ($215K, appraised for $290K) and the construction renovation cost will be $310K to create practically a new home of 2,080 sqft.
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19 February 2024 | 6 replies
The rules just changed for Conventional as well, and now only a 5% down payment is required for these 2-4 unit properties.
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19 February 2024 | 5 replies
Investing your Individual Retirement Account (IRA) in real estate presents lucrative opportunities, but it entails specific rules and considerations.
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16 February 2024 | 0 replies
Will the extension of the 2 out of 10-year rule apply to him if he decides to move back to Colorado and live in the house in the future?
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18 February 2024 | 15 replies
Preferably, not already operating as an STR so that you can gain the value you add by creating it.
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18 February 2024 | 1 reply
While I can’t entirely say for credit score, a good rule of thumb I’ve found is to have paystubs that verify 3x rental income in monthly income for whatever tenants are paying for property.
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18 February 2024 | 9 replies
I would also argue that there are plenty of landlords out there that have rentals which are currently below market rental price.I assume that this part of the tax code was created to prevent those with multiple homes from letting relatives live in one for almost free, while potentially hiding that rental income and not having it registered as a business and pocketing the money.