Hey, if I trade in my (paid off) car and get a new one. Will that affect my chances of qualifying for a mortgage to purchase a rental property because I'm taking on new debt on my credit report?
Anyone run across this? I'm purchasing a foreclosure, but ran across this paragraph in the addendum. So, how do i get additional funds for renovations?I hope you can read the small print!!
I am currently looking for my first investment property and hopeful I can get some helpful pointers to make sure this is as seamless as possible for my first investment.
I just purchased my personal property in Marc...
Hey everyone, I'm looking for private funding on a new investment property. I'll have around 20k for a down payment. Where could I find help with funding and how much do you think I could get approved for? Thanks for ...
I have a tax-related question. I acquired an additional property in October last year and incurred rehab costs in the last two months. Since it’s not my first property, I think I can deduct operating costs on Schedule...
Hi All,
I have a question regarding subdividing land. I`m looking at a property in NJ and its on close to 10 acres of basically un usable excess land. The house and driveway/garden etc needs about an acre at most(Hou...
I currently have one LTR in the Norfolk, VA area. I will have about $3,500 of additional income each month. I’m wondering if I should pay off all of my debt (student loans, car loan and CC) first or if I should buy an...
Selling price: $85,000 (includes furniture, appliances, beds and bedding, dishes, yard equipment, etc)10% down payment: $8,500 House is turnkey and sale price is average for area. Balance: $76,5006.5% interest, includ...
Hi, all! I'm looking into purchasing a single family 3/2 and househacking or finding a duplex, etc and rent out the additional units. Purchasing myself I'd need to buy next year. However, if I had an LLC would it be e...
I am looking at my options for financing some properties, and I'm a little bit lost. I've got five conforming loans, a high income W-2 job and spotless credit. Theoretically, I could qualify for five more loans. I'...