Sequoia Pedersen
Is a HELOC considered Capital Invested?
When you run your numbers for calculating CoC ROI, do you consider money used from the HELOC as cash invested if you drew from a HELOC for a down payment? i.e. If I purchase a 500K house, and I draw 100K from a HELOC ...
Charles Press
50% Rule & Taxes and Insurance
The 50% rule (or guideline) says you should not exceed 50% of your gross income in debt service.I.e. Principle and interest payment every month. Example, your gross rental income for the month is $1,000.00.Therefore y...
Tyler J.
How is everyone getting so many loans?
Hopefully not a stupid question. How is everyone getting there mortgages for rentals? What are they using to qualify you? Good credit obviously.
I guess why I'm asking, I just purchased my first home. I plan on livi...
Javier Moreno
Owing tax’s to the IRS
I was wondering if anyone has experience with working with a individual who owes back taxes to the IRS and wanting to get a mortgage through government programs? Any links, tips, or advice would be wonderful thank you.
Elizabeth Velez
Pay off debt or invest
We have about $170k in “bad” debt and our DTR is almost 50%. We are about to get $150k in cash from a business sale. Should we pay off debt or invest? I’m thinking pay off enough debt to get us to 30% DTR then invest ...
Lisa Cary
Need help analyzing this, please.
I refinanced House A to get $$ to buy House B. Total Loan amount was $375K, I owed $88K on House A and now have $287K to buy House B. Since House A is covering the entire new mortgage payment should I exclude any mo...
Chauncey White
3 or more reasons WhY Commercial properties are vastly......
3 or more reasons WhY Commercial properties are vastly superior to residential properties:
The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential ...
George Pan
Will depreciation count toward my debt to income ratio?
Hello,the depreciation expense deduction from my rental property on my tax return is lowering my overall income.Is that depreciation "added" back to my total income when the bank calculates my debt to income ratio? Ar...
Nicholas U.
Newbie Question - Cap Rate
Hello all! Newbie investor here and I was hoping for some clarification on Cap Rates. Currently I own 1 rental and looking to buy my first multifamily investment property, but I am cautious and want to make sure I f...
Robert Raffalo
How is the 1% rule calculated? Can someone share the inputs?
Is the 1% Rule simply calculated as: Monthly Rental Income / Home Purchase Price?