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Do you look for three times their net or gross income? I have someone I really like that is close but his child-support pushes him under the 3x rule.
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Trying to find out if anyone is doing stated income investor loans...10% down, verified assets...with 5 investor properties already...???
Please email
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Do lenders have a standard way of looking at variable W2 income? In other words, if one makes different amounts each month (no base salary). I am looking to buy for an owner-occupied property.
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Hello all, I am new to real estate investing. I have done most of my research and I have a contract on a property. Everything looks good. However, I do not know how to actually verify the property's income. The seller...
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I though Reagan had done away with income averaging along with reagannomics. I just heard from a friend that it's still possible to income average one time after 59 years of age. Any one else heard of this?
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Any advice on my dti too high for using my fha for 3rd property.55k a year incomeHouse 1 gr- 2100 a month.. mortgage is 1550House 2 gr- 1150 a month. Mortgage is 1200.. will be renting out other side for 1150 after pu...
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I am new to this forum and have recently starteted my journey on investing in rental properties. I made my own with some help of some books I have been reading and would like to see your thoughts on it. I look forwar...
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Hi everyone! I'm new to real estate and I had some questions. I wanted to know what would be the average percent that you would go up on rent if you was to subject to a deal to a tenant? Example: mortgage-800 so shoul...
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Do you have to declare your rental income? It is a joint property and the other owner refuses to declare. Can you write off mtg payments? somebody please help!!!!!!!!!
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Tax Question, Can rental income from a property owned by a group of investors in an LLP be distributed as dividends? Thanks for the help.