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11 January 2025 | 1 reply
We went through this process twice with them.
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10 January 2025 | 21 replies
I imagine the whole process is simpler but can anyone tell me how different it is when you don't borrow the rehab costs?
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12 February 2025 | 20 replies
We learned a lot through the process.
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11 February 2025 | 20 replies
@Aaron Bard- plenty of lenders offer DCSR loans ...contact a few for quotes ...also - dont pay any lenders at the beginning of the process
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16 January 2025 | 21 replies
I am interested in talking to someone about the process of funding via DSCR the acquisition of a property currently being run as a PadSplit.
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11 February 2025 | 20 replies
Many borrowers file this form as an exclusion to their US federal taxes as they may have been taxed by the country where they are earning the income.Required Documentation for Foreign IncomeWhen it comes to processing foreign income for a loan, documents required may include:» Most recent personal tax returns» History of receipt» Proof of continuance of foreign income earnings» Conversion of the income from the foreign currency to US dollarsThese documents must be translated or completed in English so that a loan reviewer can properly evaluate the information provided.Fannie Mae & Freddie Mac GuidelinesIncome from Foreign SourceIncome from foreign sources must be reported on the borrower’s most recent U.S. individual federal income tax returns.
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16 January 2025 | 0 replies
However, I do rely on my trusted network of local professionals for different parts of the process.
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4 February 2025 | 31 replies
@Divya Sarin Are you still in the property search process?
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15 January 2025 | 9 replies
These names frequently come up in investor circles because of their reliability.Speak Directly to Their Team: Legitimate lenders will have knowledgeable representatives willing to explain their loan products and processes in detail.
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18 January 2025 | 21 replies
This means finding reliable contractors, inspectors, and, if necessary, real estate agents who understand the flipping process.