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I received approval for federal and state (NY) Historic Tax Credits. It was a long road, but worth it! Which forms do I need to file my taxes?
Hi, I am a new investor and I'm contemplating buying a commercial property to hold. I've been using the general "50% of EGI" rule to analyze properties but I am curious what a "true" range is. I do have some questions...
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Debt Management ? How do you handle Debt ?
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Hello BP Folks,
I am new to the forum and need some advice at this juncture. I am computer engineer by profession and started the real estate investment around 2 years back and purchased 8 rental properties m...
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We are in the process of getting ready to close on an investment house we will rent out as a short term rental. I was planning to create an LLC for the investment and use it for all expenses and income related to the ...
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Hi all! I am looking for connections to a lender that will use projected rental income as a portion to qualify me for a FHA mortgage. This is allowed under Fannie Mae guidelines but I am having a hard time finding som...
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I'm in a bit of a bind and I'd really love some advice. My lender has rejected me last minute because he was unable to count my property management income towards my debt/income ratio since I haven't done my 2016 taxe...
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This is my first post for some insight on this great forum...and it's got a ton of moving pieces.My husband's parents own commercial property (free & clear/no mortgage) on a large lot that has a board and care (as...
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I am a commercial broker and set aside $1,000 towards creating additional/passive income. I wanted to get a jump on things now, rather than scrounging up additional capital. If you had $1,000 to start something, wheth...
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What is the general rule on the minimum salary someone should make in order to qualify for a rental? For instance my sfh rent would be $800 per month. Thank you.