Ben Trageser
Financing into Traditional Mortgage after Seller Financing Balloon is Due
7 February 2024 | 7 replies
Plus taxes and insurance of $20000+ X 10 years= $200000You will need a $1,010,000 loan at 77% loan to value of $1,300,000 to pay them in full.You will need a FICO of 720 and $27000 monthly income assuming you don't have credit cards or car loans... assuming Jumbo loans are qualified similar to how it works today.
Jazmine Menders
Desirable Cap Rate
5 February 2024 | 3 replies
Cap rate, is a fundamental formula in real estate investing, particularly for evaluating income-producing properties like multifamily units.
Jonathan Marsh
Should I Sell This House in Austin?
7 February 2024 | 13 replies
Buying a SFH to live in with no generation of rental income is NOT an investment but a lifestyle choice.
Alex Sinunu
Starting out private lending in CA
6 February 2024 | 67 replies
Lending income counts are regular income (fees, interest etc) (most of the time) When I started doing private lending that was a big regret I wish I did sooner
Rob Beardsley
How do you calculate annualized return with refinance?
7 February 2024 | 5 replies
And in year 2 there was $40K distributed from income.
John Fong
Asset protection for starter
7 February 2024 | 3 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.
Nicholas Pugh
Seasoned entrepreneur entering the Multi Family investment Industry
5 February 2024 | 10 replies
That means a buildings sells for 18x it's annual income.
Jacob Allen
Accountant Recommendation for the Upstate - Greenville, SC
7 February 2024 | 13 replies
I got a house and have been house-hacking with Air BnB, now is the time that I'm looking for doing the taxes with my W-2 and the Air BnB income, does anyone have any recommendations on an accountant in the upstate South Carolina area that is familiar with doing taxes for real estate investments (ideally specifically short term rental).
Jeremy Porter
How Granite Countertops Can Elevate Your Rental Property's Appeal and Value
7 February 2024 | 9 replies
Landlords can leverage the allure of granite countertops to attract discerning tenants and position their rental properties as desirable, high-end living spaces.In conclusion, the benefits of granite countertops extend beyond their aesthetic appeal, offering practical advantages and the potential for enhanced rental income and property value.
Jonathan Garcia
Investment Loans Under $75,000
7 February 2024 | 10 replies
DSCR loans won't use your income to underwrite the loan.