11 January 2022 | 4 replies
I'm still learning here, is this something that I qualify to look into, and is this a good idea?
15 January 2022 | 3 replies
If you dont rent out that 3rd unit and will stay in that unit till you purchase the new property then you will need sufficient income to qualify for the full mortgage (PITIA) of the new property with the net rental calculation of the current triplex using only 2 units (since youre living in unit 3) which may result in a much less favorable rental calculation than you had previously planned for.
9 January 2022 | 6 replies
Unmarried couples, and other "groups" we require everyone to qualify on their own.
9 January 2022 | 0 replies
Who would be interested in purchasing pre-qualified and 'willing to sell' seller leads in Nashville?
19 January 2022 | 51 replies
Denver co$300 non-refundable$30 a month additionally ALSO in our state ESA's do not qualify for not paying an additional fee.
19 January 2022 | 13 replies
Hi All,Having reached the 10 property limit for FNMA loans, if I refinance four of those properties with a commercial lender taking title under under a newly formed LLC, am I still able to use the positive cashflow of these properties as qualifying income, that is, if I go buy additional four under the conventional underwriting?
30 January 2022 | 11 replies
It would be a smarter marketing for them to qualify more people towards that I’d think.
10 January 2022 | 0 replies
This is extremely helpful for the tax savings benefits but also because many of the assets used in a restaurant business need to be replaced much sooner than 27.5 years.Some of the major benefits of Cost Segregation are:Reduction in real estate taxesReduction in casualty and property insurance premiumsFor previously misclassified assets, you will now have the opportunity to claim any “catch up” depreciationBy accelerating depreciation, you increase your cash flowHaving additional cash allows you to invest that money back into your business, invest in other opportunities or pay down your mortgageHere’s a list of personal property that could qualify for accelerated depreciation:Drive-throughCanopies and awningsFlooringPoint of sale systemsDecorative millworkKitchen equipment hook-upsDoorsEquipment installationHVACWiringBeverage equipmentFood storage and preparation equipmentFloor coveringsSignage site improvementsInterior light fixturesFire protection equipmentThese studies should be conducted with your cost segregation specialist, CPA and financial advisor.
10 January 2022 | 5 replies
I wanted to find out which rates, I would qualify for so I can do the numbers and narrow down the kinds of properties I look for.
10 January 2022 | 3 replies
You can get 65% -70% loan to value if you qualify.