Nathan Hurley
DSCR or Private Loan for Cash out Refi
7 February 2024 | 1 reply
Looking to refi based on the value after rehab based on rental income/cashflow (expecting it to be around $200-210k value) Aiming for $150k loan for paying off current mortgage and covering remodel/rehab costs on my propertyIs this doable without a significant down payment?
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.
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.
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.
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.
Devante S.
How do I file personal and LLC taxes as a first-timer?
6 February 2024 | 3 replies
How exactly do you file taxes when you have a 9-5 but also generate income from self employment?
Jonathan Garcia
Investment Loans Under $75,000
7 February 2024 | 10 replies
DSCR loans won't use your income to underwrite the loan.
Sonya C.
Out-of-state real estate investing for beginner
8 February 2024 | 17 replies
In these cities, your financial resources will go a long way enabling you to assemble a diverse multifamily portfolio and initiate a steady stream of income.