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29 February 2024 | 4 replies
We ultimately ended up negotiating a seller credit for our buyer, for the cost of having the property tented for termites - maybe this is an option for you.
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29 February 2024 | 8 replies
This could be through finding ways to increase the rent on your existing properties, taking on additional work, or finding other income streams.Reducing your current debt levels can also improve your DTI ratio.Improve Your Credit Score.Look into various financial institutions, including community banks, credit unions, and online lenders, which may have different criteria or offer programs for investors.Since portfolio lenders retain their loans in their own portfolios rather than selling them on the secondary market, they are able to provide greater flexibility.
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1 March 2024 | 6 replies
However, my big question is how do I account for the money I'm saving by not paying any interest?
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29 February 2024 | 6 replies
We plan on using a money marketing account to save with until we buy our property to live in rather than it be a rental property after the next 6 years.
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29 February 2024 | 11 replies
Hey @Lor Fara, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.
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29 February 2024 | 17 replies
If I get the cancelled dates rebooked, then I refund half and offer a standing credit of the other half for whenever they book in the future!
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29 February 2024 | 10 replies
@Tristan Bennett, DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans: 1.
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29 February 2024 | 5 replies
I definitely agree here (as an accountant so yes I'm biased).
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27 February 2024 | 9 replies
Just a few thoughts:*just general bookkeeping and accounting services.
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29 February 2024 | 12 replies
Your credit, LTV, DSCR all have direct effect on the rates final outcome