Is there a formula for determining if an applicant is qualified financially?Thanks!!!!!
My partner and I have been saving up to buy a multi-family house in the Hudson Valley. The idea is to buy something with at least one rental unit so that we can transition to a life with lower monthly costs over time,...
Good morning,I am new to RE investing, an made an uneducated decision trying to offset some income taxes. My CPA informed me that my AGI exceeds the $100/150k threshold to have pass through passive income losses offse...
How important is it to be pre-qualified on a loan and/or preapproved for residential property deal (specifically single-family home)?
I have a financed primary residence, a financed rental, and another property that I purchased with cash and am rehabbing to rent out. I have a tenant ready to move into the new rental as soon as it is complete. I ha...
I went from W2 to 1099 in the middle of 2016. I had some 1099 income filed on 2016 taxes, but not a lot (and I wrote most of it off). 2017 is all 1099 and I did much, much better. So, I have 1099 income for two tax ye...
Hello BP, what are the lender requirements for Mid-Term Rental income? I started my MTR in Sept 2023 and some lenders I've spoken to are saying different things such as 1 year tax returns, 2 years tax returns.. Can't ...
I am new and have only rehabbed one home which I sold. I would like to be able to start building an inventory of rentals but I have very limited cash on hand and my income is very low also. I believe I can obtain...
What type of buying credentials do you have for a mobile home park? What are you looking for? What type of CAP rate are you looking for? How do CAP rates for a MHP compare to an apartment building for instance?
I am a self employed and just filed my second year of taxes! Yay!!!Now the bad part, since the whole Carona Virus shitting down a lot of businesses, I recently had to file for unemployment. My question. Is, with doing...