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I have a brand new house for rental. 2200 sf, 3 bed, 2.5 bath, 2 car garage for $3250 monthly. One of the applications came thru zillow, income to rent is about 3.2, single source of income, 3 people, no pets, credit ...
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Hello, I have my first tenant application for my investment property come in. This is a brand new construction. Class A. Applicants have a prior eviction years due to unfortunate circumstance but good household income...
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Hi guys, Question about getting accredited investor status. If my current primary is worth over $1 million free and clear, and I buy another house that I will use as my primary going foward, does that mean my current ...
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I have been looking over a lot of threads on seller financing.
Typically I see a lot of people talking about making your cash offer and 1 or more financing options as well.
Question is how do you determ...
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I have a real estate portfolio with good amount of equity (most of the portfolio is free and clear), however my personal DTI ratio is too high and that's stopping me from tapping into it to settle some debts and buy m...
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Here is a progress update from a small-time investor in Connecticut who is trying to achieve financial freedom. The road has been acquisitions for the last seven years. This year is a stabilization and reflect year.
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I currently own 15 rentals with no debt and plan to hold paper.
Working on hard money loans to investors now but Is there a workaround for Dodd-Frank to sell and finance to an individual?also open to other ideas to...
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What will be tax consequences for borrower of rental house giving property back to lender through deed in lieu with following situation.(1) Lender issue 1099C , No deficiency judgement.(2) Lender don't issue 1099C , N...
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Suppose you have $46,000 mortgage at 8% interest on restaurant, $22,900 SBA loan, $3,900 at 1.75% interest on a microloan, $23,00 on temporary 0% interest credit cards all for the same business totaling $95,000 in deb...
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Why is tax not included in deductions for NOI?