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19 April 2024 | 5 replies
DTIs do not apply, not tax return / personal income eval
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17 April 2024 | 6 replies
I am using a CPA to do my taxes.
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19 April 2024 | 9 replies
-I am quoted a higher interest rate and more fees since its a rehab loan.
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17 April 2024 | 16 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.
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19 April 2024 | 2 replies
30 year fixed, low interest rate DSCR BLANKET loans (put multiple 1-4 unit properties under one loan for cash out or for purchase).Ground Up Construction loans for aspiring developers with NO Experience100% Financing on Fix and Flips (just pay closing costs and prepaid taxes/insurance)Fix and Flip financing that requires no appraisalHELOCS on investment propertiesBuilder's Forwards (for medium to larger developers who want to hedge interest rates on their properties they plan to sell so they can offer "low builders rates").DSCR loans for long term AND short term rentals (I think this is becoming more and more common, but some people have still never heard of this).And so much more!
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17 April 2024 | 13 replies
Management fee is typically around 10% of the gross rent.
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18 April 2024 | 2 replies
I also need some other “soft” costs (origination fees, etc.) taken care of to get the deals going for each deal.
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18 April 2024 | 5 replies
Basically trying to get the most tax benefits and protection as possible.
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19 April 2024 | 6 replies
I live abroad in Bermuda and I'm currently unable to buy property there due to restrictions and transaction taxes.
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17 April 2024 | 3 replies
I really do not want to sell the Condo because I do have a 3.5% Interest rate w/ a positive cash flow of about $450/month, even after the $330 HOA fees.