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I am self-employed and show very little income on my tax returns. But my credit is great and I have sufficient savings. To qualify for loans should I look at deducting less expenses to show more income going forward?A...
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I'll keep the numbers simple to better explain my question.
I own a 1m home with a mortgage of 400k in Toronto (60% equity). There's 600k I would like to get access to.
- Is there a general rule or ratio at which yo...
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My attorney said it was not necessary to buy property in the name of an LLC; that getting a high enough insurance policy would suffice? Any truth to this?
So through fortune builders I was set up with Nevada corporate headquarters. I had a phone meeting with a gentlemen that is setting me up with a business plan and with a credit line for my LLC that will put my busines...
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I would like to require a prequalification in order to show our rental. It seems to me I am wasting both my time and theirs if for instance they do not make enough money to rent this property. Is this reasonable or sh...
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We are under contract for an out of state turnkey rental. Trying to gather insurance quotes.What advice could you offer?What should I be looking for? What should I add/leave out?What deductible would be best?Should I ...
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Hello BP community,
I am currently renting a home to a family that has been in my unit for about 3 months. Since they've moved in there's been numerous complaints about the A/C not cooling to the desired temp and ma...
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I am looking at one of two options.
1) get a HELOC on my primary residence and use it for a 20-25% down payment on a multi family. OR
2) sell our home and use the proceeds for a) 3.5% FHA or 5% conventional down pay...
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Any agents out there that wholesale and assign real estate?
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I have 4 questions, dealing with two people, Person "A" and Person "B"
1) How much property-level landlord insurance should one get, assuming: The properties in question are all value of ~$250K average with 20% equi...