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19 May 2024 | 1 reply
I would be looking at about 50 K loan and can go upto 12 % interestTo be clear this is only for future ..most probably next year when I start to scale
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19 May 2024 | 9 replies
@Ryan Sweeney I am also considering Rocket Dollar right now, but for SDIRA, not solo 401(k).
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18 May 2024 | 15 replies
Sometimes, when I have credit pulled, it displays some DSCR loans but not others (credit bureaus are a black box), however, the mortgage payments are just reported to the credit bureaus to account for late payments (which plays into conventional financing eligibility), but they do not play into a borrower's personal debt-to-income ratio when qualifying for conventional loans.
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24 May 2024 | 259 replies
Quote from @Dale K Poyser: Quote from @Travis Biziorek: Quote from @Jamar Jackson: Quote from @Travis Biziorek: Hey Miguel, I'm also in California but my rental portfolio is in Detroit (12-doors).
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18 May 2024 | 11 replies
@Rob K. is finally the first person to chime in with my standard answer.
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18 May 2024 | 19 replies
Quote from @K S.: I just sold my condo in San Diego and the agent was required by law to explain this in the sgining agreemnts somewhere.It did not effect the resale and sold right away.
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20 May 2024 | 88 replies
The LLC must file a formal corporate return, and issue a K-1 to all shareholders.
14 May 2024 | 6 replies
This income would likely be coming from a K-1 (form 1065), and flowing over to your Schedule E on your personal returns.
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17 May 2024 | 21 replies
You should Google "Terminated Merchant File" (TMF) a/k/a MATCH (Member Alert To Control High Risk) prior to opting to not make good on a debt to your payment processor.
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15 May 2024 | 21 replies
Quote from @Farooq K.: Quote from @Russell Brazil: Put a larger down payment Would you put 40% down?