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5 April 2024 | 12 replies
Trust your instincts, gather as much information as possible, and make informed decisions based on the current market conditions.
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4 April 2024 | 8 replies
Namely, the DSCR loan is a very popular program that investors use, where the qualifications are based primarily on rent/PITI and your FICO credit score.Happy to discuss further.
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4 April 2024 | 10 replies
Consider elements like location, neighborhood amenities, and possible rental income when you begin your search for possible Nashville house hacking properties.
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3 April 2024 | 13 replies
0.16 acres and I would say $180,000 or less based on the comps.
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4 April 2024 | 16 replies
Identify your target market - Research different locations based on your chosen strategy.
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5 April 2024 | 9 replies
For the purposes of calculating the limited interest deduction, the total mortgage debt owed would include both the individual mortgage on Unit A and the owner's share of the underlying mortgage.So, the total mortgage debt owed would be $800,000 (individual mortgage) + $200,000 (owner's share of underlying mortgage) = $1,000,000.Therefore, the owner would be limited to deducting mortgage interest based on this total mortgage debt of $1,000,000, not just the individual mortgage.Thus, the deduction for mortgage interest would be calculated as:($750,000 / $1,000,000) * $40,000 = $30,000Therefore, in this scenario, the owner would be able to deduct $30,000 of mortgage interest for federal income tax purposes.
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4 April 2024 | 5 replies
This is based on the future reservation of my rental business (I guess I can pull a proof of income from Airbnb).
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4 April 2024 | 21 replies
This is not a matter of opinion, this is based on a ton of research testing and evaluating.You don't just "give" your website when a seller asks. 1) They are not going to ask.
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3 April 2024 | 3 replies
Hello, I live in northern Vermont and am in search of a private/hard money lender to fund fix-and-flips.
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3 April 2024 | 17 replies
You can also check meetup.com or search facebook for real estate investment groups, clubs, or meetings in your area. 1.