Hey, BP! I looked through the threads, but I need some expert advice. We are selling one of our rental properties, and we'll have some recapture. If I know that my overall income will be quite a bit more in 2022 be...
I recently got a new job that has allowed me to get below the DTI threshold. My question is does the new income level need to appear on a tax return or will paystubs and maybe a offer letter suffice?
I knew the time would eventually come. After 7 years of owning rental property we had our first major issue yesterday. A pipe leaked inside the wall in the washer/dryer room and it wasn't noticed until after it floode...
We will be structuring our deals as 506c meaning only accredited investors can partner with us. I mainly focus on properties with Add value potential in Tulsa Ok. The city is growing fast and many companies are comi...
So i came across this term "Passive losses" while reading a post on this website.I searched it on google but i still dont understand it ..What is passive losses?i am newbie so if you can give an example of it,that wou...
Hello! I have been studying and saving and scouting. I am ready to pull the trigger or start the loading process. I am seeking advice on getting pre-qualified to check what the maximum property price based on my incom...
What’s the best loan besides an FHA loan to house hack a duplex? I have the option of using a physician loan as well (0-5% down payment) and avoids PMI that FHA has. If I’m trying to grow my portfolio of investment pr...
Not Comparing Today's Real Estate Market to 2008
The market crash in 2008 is not the same as what is happening today. It's crucial to understand the differences to make informed decisions.
The recession and economic...
Hi everyone, this is my first post after reading the forums for quite some time. I've been trying to get into the rental business for a couple years, but I've never been able to get approved for a loan. I'm self emplo...
I’m looking to buy a duplex to house hack to save more money to put towards real estate investing. I own the home I live in now, I bought it for $142k, I owe $136k principal balance. When I bought the house it apprais...