27 July 2021 | 11 replies
To create a fund you will need up-front legal work, which won't be cheap.If the property income supports, it is fairly easy to get bridge loan debt.
21 July 2021 | 7 replies
I think the nations debt crisis is the biggest threat to the Austin housing market but the politicians are kicking that can down the road until they can't.
15 July 2021 | 3 replies
L.T.V. can be reduced if the debt service coverage ratio is too low.You are likely to have to leave some money behind in the deal if you are BRRRing.
15 July 2021 | 2 replies
Great way to leverage cheap debt and utilize low down payment.
16 July 2021 | 2 replies
Maybe an issue come closing that may force our loan to be rejected without proof of debt to income ratio on the rental.
19 July 2021 | 3 replies
I'd also be interested how you'd "wipe away" the debt of the previous house hack with the rent you use (assuming you don't sell these when you move).
15 July 2021 | 0 replies
The issue apparently is my debt to income ratio.
16 July 2021 | 5 replies
A HELOC is immediately added to your debt to income ratio even if you haven't tapped it.
15 July 2021 | 0 replies
The house is located in both a historic district (Mills Act) as well as an opportunity zone allowing for large property tax rebates and the elimination of capital gains tax when we sell.
15 July 2021 | 1 reply
The house is located in both a historic district (Mills Act) as well as an opportunity zone allowing for large property tax rebates and the elimination of capital gains tax when we sell.