Brandon Cronkhite
Debt to Income affects with Rentals
If I buy a rental property with a loan, create positive cash flow with a rental, does this reduce my ability to then get another loan for another property? I’m just getting started and trying to create a strategy beyo...
Yoni Osteen
Do people rent (or only buy) nice big homes?
Hi all,
So, I'm looking at buying a property in Deltona (suburban Central Florida), and the rental rate of the previous tenant was $1650, which makes sense for the property. It is a nice spacious 4 bedroom.
My conc...
Albert Bui
New Update: IRA financed properties count towards your financed properties count & Income!
On a recently conventional fannie/freddie transaction my head underwriter called in to FNMA/FHLMC and they have determined that these financed properties inside IRA's and Solo K's count towards the financed propert...
Brian Malavsky
Convert LTR to STR or MTR in July- Which strategy is best for maximizing tax savings?
My LTR tenant moved out end of May and I converted the property to suit MTR and STR strategies. For the sake of this conversation let's say the area is equally advantageous for both strategies in terms of bookings and...
Cole Britting
DTI and Renting by Room
I know lenders can use 75% of the expected rents for small multifamily when calculating rental income for the DTI, but can they do the same if you plan on renting by the room for a SFR?Also, how do lenders verify the ...
Mark Boyd
Should I borrow from my home's equity to start investing in real estate?
With absolutely no prior experience investing in real estate, I'm getting to the point/age where retirement from corporate America is getting closer and closer, however I still have 2 kids to put through college over ...
Brian G.
Portfolio and Conventional
Do portfolio loans count toward your 10 max conventional loans per borrower? For example, if I currently had 5 portfolio loans am I limited to only 5 more loans if I go conventional now or would I still have 10 conven...
Ale Rioja
Qualify as RE professional with full time W2 and single status
Hi BP community, I wanted to see if it's possible for me to qualify as a RE professional or what other strategies are available. I know that to qualify as an RE professional for tax purposes, I must:- spend 750+ hours...
Brian Plajer
Syndication Strategy using HELOC funds
Hello,
I am interested in Apartment building investing however I am 52 yo and have a Full time job in healthcare, I have access to capital via a HELOC and was contemplating investing in a couple syndication deals....
Andrew Basom
1st Investment Property
Investment Info:
Townhouse buy & hold investment.
Purchase price: $270,000
Cash invested: $40,500
Currently in the process of furnishing this property to rent out as an MTR
What made you...