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Results (10000)
Jason Kaye 6 month lease counted in DTI for lender
16 July 2019 | 1 reply

When a lender is calculating DTI for an individual, who owns real estate but does not have 2 years of schedule E returns, will he/she recognize 75% income from the properties if the properties have 6 month leases rath...

James Carlson ADU income can now count toward loan qualification
4 January 2024 | 2 replies

Hey all prospective house hackers! Some big news last month.Lenders can now count income from an accessory dwelling unit (ADU) toward your loan qualification, according to an announcement from the federal housing auth...

Guy Yoes counting hours to claim real estate professional status
23 December 2019 | 1 reply

I am fully retired and have a small pension. I own 7 doors all of which are about 30-40 miles from my house. I am managing the properties myself and spend a good amount of time overseeing them (maintenance, cleaning, ...

Irene Chen Rental Income Counting toward Debt to Income Ratio
9 June 2016 | 5 replies

We are looking to get another mortgage to purchase an investment property.  One company told me that our debt to income ratio is to high (we have 2 investment mortgages) and said we would not be able to come rental in...

Dhaval Sheth What numbers to use when counting passive income?
10 June 2020 | 8 replies

Just curious, when people say that they have $5k passive income from real estate for example, typically is this number just a pure cashflow after setting aside the reserves (vacancy, cap-ex, repairs) , or is it cashfl...

Sam Hudacek Will a Subject-To property count towards DTI?
10 August 2023 | 6 replies

I recently closed on a Sub-To deal, I took over the mortgage payments for the seller while the loan stayed in place in their name.Going forward, if I were to buy another property with traditional financing. Can I use ...

Chris Virgil-Stone Closing on hold for ~2 months and counting
2 January 2016 | 0 replies

if anyone had read my post about making 33% profit after living rent free for 2 1/2 yrs I have a twist. At the time of writing the post I was a couple weeks out from closing. I still have not closed and the deal is on...

Scott Stevens Don't count on Tenants to change air filters
3 September 2014 | 18 replies

Just a word of advice, don't count on your tenants to change the air filters in your home. I saw a work order from the management company late last night saying the ac stopped and today, Sunday, went over in the morni...

Mindy Jensen The BiggerPockets Podcast - 25 MILLION downloads - and counting
28 March 2017 | 18 replies

A great big HUGE congratulations to Josh Dorkin and the flannel-wearing bearded guy for their podcast reaching 25 million downloads!Every week for the past 215 weeks, Josh and Brandon have brought you excellent interv...

Wade Stahle $165k in my first calendar year and counting...
10 September 2017 | 32 replies

I've hesitated to post a success story and gone back and forth, but here I am typing.I am 24 years old from Alaska and this year decided to get serious about real estate investing. I began the year by finally selling ...