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...
Eric C.
Looking for Lender in TN that can count rent towards DTI
I am trying to understand how buying a Duplex and counting rent of one side (currently leased at $1300 per month) would count towards offsetting of the mortgage for DTI. So for instance, on a 300k duplex with 20% dow...
Shaun C.
My First Flip. 8 months and Counting and Hopefully $150k Profit
This is the After:This is when we bought it:This is going to be an in depth write up of the work we completed on my first flip, located in a wealthy suburb of Detroit that will hopefully net us around $150k (eat that ...
Adriel Cisneros
Will an unpaid collection and / or closed account count towards DTI ?
BP Family — How will a lender evaluate a FICO 8 score with numerous closed accounts? Is DTI only impacted by open revolving and non revolving accounts?Alternative approach may rest with seller financing. AC
Eli C.
When does forming a multimember LLC count as a security transaction
I am looking at forming a multi-member LLC with some other investors. I would be the managing partner. My concern is that this may be considered a securities transaction.
- There would be less then 35 members. Probab...
Chris F.
What would you consider a low, medium, and high traffic count?
Can include or exclude highways, up to you.
Jeff Wang
Do I count depreciation tax shield in my cash flow analysis?
Hello,
I've modeled my investment property cashflows in excel. In my model, should I be counting the depreciation tax shield as cash flow? Logically, it seems like it is cash flow since it is indeed, cash in my pock...
Brian Lenzer
Home Insurance and Property Taxes count as part of the Mortgage?
Is home insurance and property taxes considered part of the mortgage? I am wondering because I am trying to calculate NOI and hence cap rates, so I want to make sure I am using the proper standards. Thanks in advance!
Brittany Stradling
STR income count towards DTI if purchased using vacation home loan
My family and I are gearing up to purchase another primary residence in 2 years. Therefore, we want to ensure that we are prepared and there are no surprised. I feel like I've read somewhere that if you have a vacatio...
Jeff V.
Do Seller Financed loans count towards your 4 to 10 Conventional
Do Seller Financed loans or private money loans count towards your 4 to 10 loan limit through conventional banks?Jeff V