Walker Irby
From single family to multifamily
12 February 2024 | 6 replies
So a lot of the PATRIOT Act nonsense that is now present in residential mortgage guidelines ("derp a lerp, what's this deposit?
Daniel Tisdale
Advice for turning rental into a flip
12 February 2024 | 7 replies
So it would be a 12 month interest only bridge loan that would give you a little cash from the existing equity in the home, plus an escrow account that would reimburse you for work that you want to do to the home (assuming the work adds value to the home).
Chester Davis
Spreadsheet for Low DTI, small but mighty
13 February 2024 | 5 replies
You will not have a mortgage.)
Socrates Jean-Baptiste
2 family to 3 family conversion Haverhill ma
12 February 2024 | 14 replies
We asked the building inspector to allow/accept the existing non-compliant but pretty good back stairway as an existing condition.
Hunter Purnell
South beach real estate (Miami, Ft. Lauderdale, Palm Beach) market?
14 February 2024 | 10 replies
Variable rate mortgages on second properties are the first to go in high-interest rate environments.
Rich Jackson
STVR - Long Distance Emergency Contact
13 February 2024 | 8 replies
You could negotiate that your cleaner be the emergency contact but don't give them an equity share.You could also find a neighbor or realtor that would do it for a small fee.Emergency calls have been almost non existent for me.
Gene Jung
First rental property investment question
13 February 2024 | 1 reply
The mortgage rate for rental property is quite high, and is often higher than rent-to-price ratio, so in terms of capital cost vs. return on capital, it does not make sense to get a mortgage.
Gladys Melendez
New home purchase out of state 2024
14 February 2024 | 11 replies
Choose the right property: Look for a property that can generate enough rental income to your mortgage and expenses, ideally with additional flow.3.
Mark Bascetta
Looking for Good CPA that is real estate savy
13 February 2024 | 5 replies
Also, for house hacks generally, you cannot write off any % of your mortgage since it's your primary residence.
Dante Ritchey
2024 Tax Reccomendations
14 February 2024 | 16 replies
Some expenses are:- Mortgage interest- Insurance premiums- Utilities - Management costs- Maintenance and repair expenses- Marketing costsYour CPA will be able to guide you through the whole process.