Hi Everyone, Looking for your great advice and experience I'm working on acquiring a 4th rental and am concerned that a bank won't finance me because I'm already approaching the 45% DTI limit. I'm calculating this by ...
Has anyone ever used institutional financing to fund the purchase of a large apartment deal ($30mil +)? I am having difficulty finding a lot of people who have done this, and I would really like to learn more about it.
What has me wondering if I'm seeing straight is the article linked below describing a radical easing of credit standards. Fannie Mae has unveiled a new program that allows previously excluded sources of income. I wa...
Material Participation Activities:
Property Maintenance: Engage in repairs or construction work on the property to maintain or enhance its condition.
Contractor Management: Oversee the hiring and coordination of con...
I know acquisition time or commute time do not count for 500 hours material participation in rental properties but couldn’t find any regulation saying they don’t count for that 750 hours total RE involvement. if that...
Hi everyone,I am looking to purchase 2 or 3 investment properties to rent them out on airbnb. This is my short time plan while my long term plan may involved further purchases or the purchase of a primary residence (I...
I have been playing and studying chess now for about 2 yrs. I play on average 3/4 games a day online. One huge benefit I've found to chess is that when I am playing all the worries and stress of the deals or fami...
IRS-REPS Status - What qualifies as Real Estate Professional?I have reviewed multiple sites blogs posts etc about REPS and found very detailed information, but one area still remains less clear for me. There are 11 ca...
Hey, anyone in Sacramento interested in getting together and talking shop?
How about October 26, 2013? Location TBA. Let me know.
Looking for some feedback on my numbers. Also any input on any thing I might be missing or have completely wrong. Review numbers here.