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12 September 2024 | 9 replies
Same goes for DSCR loans - even if theyre not on your credit report, if you PG'd the loan (which is almost always the case), it will be included unless there is a justification to exclude it (such as it's been paid by your entity for at least 12 months and is included in a business cashflow analysis).If you're finding good deals and have cash for downpayments, but are hitting DTI roadblocks to acquire more properties, then DSCR loans are likely the answer.
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11 September 2024 | 4 replies
Looking to do my first flip, was originally looking at baltimore, but it looks like it's moving towards a buyer's market and inventory is very high so I'm looking for other hot neighbors with low inventory.Thanks
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11 September 2024 | 5 replies
Since you started renting the property on December 1, 2023, you can only deduct expenses like utilities, insurance, and repairs from that date onward.Any expenses before that date (like remodeling) are considered capital improvements and must be depreciated over time, not deducted immediately.
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11 September 2024 | 6 replies
PM said septic issues and hired had a guy quote me some ridiculous number like $50k, said they were collapsed, but they weren't.
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11 September 2024 | 2 replies
I wanted to know if anyone has a finders fee agreement they like to use that covers all the bases?
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11 September 2024 | 6 replies
I decided to get a remote job, establish work history, save up enough capital for my first househack while I researched and learned about markets and strategies.I'd like to create an active business and I am looking at the MTR strategy.
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12 September 2024 | 2 replies
Hi All,New Member, Always wanted to invest or start to invest in a rental property, Hoping to learn from like mind individuals, Thank you all!
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11 September 2024 | 20 replies
The future owner would like to do the work themselves or with an unlicensed (and very affordable) contractor, but to get a permit they need a licensed contractor.
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12 September 2024 | 13 replies
if a brand new investor is working with a private money lender, it's almost like one party is taking advantage of the other (not saying it's intentional)
11 September 2024 | 8 replies
I would like to use my old home as a rental property, which has a significant amount of equity.