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14 April 2024 | 15 replies
There only job is to keep track of the funds and create the required paperwork for the IRS.
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13 April 2024 | 5 replies
Is the new owner required to comply to these rules if a property comes with tenants?
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11 April 2024 | 7 replies
If your city has these laws, I would find a way to check each month to see that your tenant is paying those utilities - checking the account online?
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13 April 2024 | 12 replies
I would say that a 1.20x DSCR ratio minimum for BRRRR is a bit high - plenty of options out there that wouldn't require such a hurdle
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13 April 2024 | 2 replies
Tenant seasoning will be required for a bank refinance.
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13 April 2024 | 4 replies
So the fact that Form 1099C is required for the 2023 tax year should be questionable or invalid.
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13 April 2024 | 3 replies
I'm guessing the lender will require 6 months of insurance and taxes up front at closing for an investment property which will drive the closing costs up considerably. 3.
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13 April 2024 | 22 replies
I would recommend that once you set your rental requirements (And if you haven't, make an actual list) do your best to STICK to them.
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13 April 2024 | 8 replies
Fill out the required IRS/Treasury affidavits and documents.
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12 April 2024 | 7 replies
After speaking with Lender, their requirement is experience doing Ground Up construction.