As this specifically relates to my job I have some questions and hoping for any insight from those who have gotten or applied for commercial financing with a bank for an apartment building with 5 units and above:What ...
I'm a new Investor in Houston, TX looking for my first property to rehab & flip. I'm looking at all these foreclosures but I'm questioning the timing. If the properties are going to be auctioned on the first Tue...
I heard recently about DSCR loan’s. What’s your opinions about this type of loans? Should I consider using this loans?
Hello BPCan you use BRRRR Strategy on Turnkey Properties (Condo, Townhouse, and Apartment)?
I've seen it mentioned on some posts that lenders like to see that people pay income taxes. What do they look for with conventional owner-occupied mortgages? This is conflicting because we try to write off every dolla...
Say if we had a short term rental in Hawaii and were using a property manager to manage it for us which cost us ~$200/month. And we had to replace a dishwasher for $500 in 2021. Would the $2400 ($200 * 12) + $500 = $2...
I understand this has the potential to be a complex discussion and consulting with my CPA will ultimately be the thing to do, but I am very curious what other's are doing in this space, thus coming the forum. After re...
I spoke to a company that works with my CPA that has offered to create me an irrevocable trust in order to reduce my passive income tax liability to zero, reduce my active income (real estate commission) to nearly not...
I can't deduct depreciation of rental SFR as I does not qualify as "active" real estate investor because I have full time day job and SFR rental is only part-time.When I sell this rental SFR, I recapture depreciation ...
My income now is divided as per the following: 30% of my income generated from daily work (9 to 5) as typical white-collar, and 70% of my income is from real estate rental, i am afraid that real estate will collapse e...