Hi,Does anyone know if SmartMove uses the combined income of two applicants in meeting the 3:1 requirement? I currently have an Applicant and Co-Applicant. The applicants reports came back with a "decline" recommend...
Hi,I have a tax related question on the rental properties. I read that rental property purchase value will be depreciated to 0 over the course of 27.5 years and that depreciation can be tax deducted every single year ...
Has anyone use a 2nd loan to cover the difference in Down payment ? I’m looking purchasing my first multi family unit home. I’m looking into a 4 unit multi family home in the contra costa area and planning to live in ...
My wife retired and has made some changes. Great having a second set of eyes looking over everything from a fresh perspective. Went to the Las Vegas Storage show and just recently the Iowa show. Always getting good...
Hello everyone!I was shocked to learn that the tax implications of flipping property in New Jersey could make it cost prohibitive (eat of most or all of the profit). Are there any New Jersey season investors that coul...
All background and eviction reports are clear.
Applicant A: applied first
Brother and Sister applicant. Both W2 jobs with recent hire dates. Both have good employment references and landlord references.
Combine...
Seem like a silly question but I'm renting out my first rental in the Bronx. For applicants with multiple adult occupants, do you take the combined income for everyone into your income criteria? For example if rent is...
Hello! My question is: What if you bought land, construction on basic storage units (the tin ones you see). I am in Los Angeles and would like to learn about what options I might have. Buying an existing vs building m...
As I have been building my foundational knowledge for investing, I am at the stage where I am also wanting to keep up with the market data that, so I may better understand the specifics of the market of my choice. Are...
Good evening,
I am cham. New investor from San Antonio, Tx. I own a duplex and triplex in San Antonio, TX and rehabbing them at the moment . Both properties have separate loans.
My question would be, can i do a c...