I have a few questions here:

1) if I have 2 year's tax returns with rental income reported but have not had the rental property for 2 years (say 1.2 years), will lenders still consider the income? I do/will have a si...

Hi;

In a lease/option deal with me as the middleman planning to assign interest to a tenant/buyer, is there any way to legally write my assignment fee so that it counts towards the option consideration also?

Thanks

I cant find this exactly on the IRS pages, but I have read on some sites that I may have to claim the insurance payment, as rental income, and then the entire cost of the repairs add to normal repair on schedule E. Is...

I borrowed significant $$ (0%) from CCs in September and put that cash against my 2nd mortgage ($100K, 30 Yr @ 5.375%), I am on my way to pay off the 2nd mortgage by Mar '21. And then it will take me another 6 mos to ...

I have a few 1 bedrooms with a huge living rooms, approximately 14 x 16. One even has a nice little Nook in one wall, where I’m thing about putting a Murphy bed. I figured it would take a Saturday and about $450 in ma...

Do dividends from stock count as income to qualify for a mortgage ?

Hey BP,Just curious to know what everyone's opinions were on the cash flow situation. Do you count the maintenance reserve (I budget about 10%) as cash flow? I see a lot of articles where people are talking about cash...

I have a 4/3 house and I rent out 3 bedrooms. I receive $2,200 a month in rent (including utilities) and my PITI is $1600/month. I want to buy another property (a fixer upper), move in to it, and then rent out my curr...

If I was a cash buyer, would my home estimate of the house I want to buy matter just as much as another cash buyer looking at that same house? Let's say I see a house I want to buy and resell to another cash buyer. I...

I'm a little confused on how to calculate the DTI ratio. If a rental property is in your name, and let's assume that 75% of the rents offsets the PITI but you have no cashflow. Let's say you want to go out and get ano...