Rick Martin
The Equity Multiple is Nice, But the Velocity of Money Counts
Do you look at an equity multiple of 2x being better than a multiple of 1.6x?
The answer is, it depends on the hold time. Remember the velocity of money!
If you take that money from the 1.6x and redeploy it into a...
Becca Tew
Help! Financing rejected because income can't be counted in D/I
I'm in a bit of a bind and I'd really love some advice. My lender has rejected me last minute because he was unable to count my property management income towards my debt/income ratio since I haven't done my 2016 taxe...
Mathew Pezon
Do Properties in LLCs count toward Fannie Mae 10 Property Limit?
Hi BP!
If an investor already has 3 properties in their personal name and, say, 20 single family properties owned in LLCs all with commercial mortgages... is this investor then eligible to purchase a 4th property wi...
Greg Cook
Looking for lenders who will count our new rental income now
We are are trying to buy our 3rd property, 1st STR, with a second home loan. At the moment we are maxed out with our DTI. We were hoping to see if anyone knows a lender that will count our newer rental income, (less t...
Andrew C.
RE Pro status: links for docs that clarify what activities count?
I am a high-income W2 employee. DW is not currently employed, other than involvement in our planned RE adventure.Can someone clarify what counts for REP status? Any chance you've got links to srcs (case results, etc?)...
Rob Bergeron
Louisville Has One of The Largest Convention Centers In The Count
https://www.bizjournals.com/lo...
Ellie Narie
What counts as "expanding family size" for a second FHA loan?
Does the number of tax dependents have to increase? What if you don't claim some of them but they're still your legal dependents?
What if your kids just get bigger and you need an extra bedroom so that they don't sh...
Cody Steck
Does a roommate count towards my 2 year rental income requirement?
I have two roommates who are now living with me. I am curious if the income generated from this would require the 2 year rental income requirement that most banks require in order to count rental income in DTI ratios....
Natalie Cloutier
Going on 14 units and counting with the New build Strategy
A lot of people ask us why we build new instead of renovating and I just wanted to share a few reasons with you guys to get your thoughts!1. We have complete control over the budget from day 12. Finished value is alwa...
Michael H.
Lenders who will count rental income for my next house hack
Hey BP community,
Ive been claiming the rental income of my current house hack on my taxes,as we all should. I'd like to know what a potential lender would like to see in order to count this income along with my W2 i...