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8 March 2024 | 6 replies
So i want lenders but the 20% dwon doesn't work for me it's to high i get 11% rate and 20% down but the down payment too much for me not work for me 20%.. so if you can help with this or you know someone you work with and you trust so pls let me know... ty have great day BRRRR method isn't a loan type.
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6 March 2024 | 5 replies
Sometimes it can be tough to get any type of financing.
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8 March 2024 | 8 replies
Even if not maximizing depreciation, the conservative estimates provided by DIY tools justify the cost for properties under $1.2 million.Addressing common concerns regarding the DIY option: Ease of Use: Most software for DIY cost segregation studies is user-friendly, requiring minimal input beyond property details.
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7 March 2024 | 0 replies
What are the options for dividing the proceeds on the sale of a home where 2 owners are “joint tenants” on title (not tenants in common), and it was the primary residence for only one of them?
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8 March 2024 | 31 replies
I see too many niche STR investors looking to build abnormal property types in rural markets and they have an impossible time refinancing out of the deal.
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8 March 2024 | 9 replies
Anyone have any suggestions of banks that will do a cash out refi on this type of property?
9 March 2024 | 17 replies
Generally I'd think backfilling it with a restaurant or other use that can utilize the space but wants the location and the building type.
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8 March 2024 | 4 replies
I do the math to figure out these ratios for each applicant which is harder than you think sometimes with people working multiple gig type jobs with inconsistent income because then you also need their tax return to calculate factor their expenses in.
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8 March 2024 | 30 replies
I would open a separate LLC or fill out some type of paperwork stating that you are working with Airbnb now.
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7 March 2024 | 2 replies
Its always a risk although its not common for a bank to elect to use their event of default clause to accelerate the note..