Hi, I'm trying my BEST here to do my own accounting for the most part.Currently I have an S -corp established for my fix and flips and an LLC for my long term holds.Most of my business funds are in my S - Corp bank ac...
Here are some key factors that most Lenders consider when evaluating a DSCR Loan Application:
Property Income: Your rental property should generate enough income to cover all the expenses, including the loan payment....
If a tenant is evicted, is that the equivalent of getting a judgment in order to pursue them in collections? I just want to make sure I understand how this works. Thanks
Building wealth, saving money, getting rich—it’s much more straightforward than most people think. You don’t need to be a financial expert or millionaire to know what you should do with your money. But if you’ve found...
Just finished the great book,"Set for Life". These two free online programs were mentioned as good for tracking your financial life. I was wondering if anyone has had experience with one or the other?
My credit score is currently poor. I’ve taken every step to get it on track and want to buy my first home a 1-2 from now. I’ve done nothing major aside from continuing to raise my credit. I have 15k in debt but I’m ch...
Good afternoon investors,My name is John Reyes and i started an LLC so that i can use it for my real estate agent/investment career. I’d like to build my LLC so that i can leverage credit along with being able to purc...
Hey guys,In these uncertain times anyone trying to refinance? What was your rate? Who did you use?
Can I pay for the renovations (using the BRRRR method) using my line of credit or is this something I should save for or finance with the mortgage? THX
Hi everyone. Need some advice from lenders as well as experienced investors. I am getting ready to choose my lender from several I spoke to. Should I choose only one lender to qualify me or more than one? How will...