Stefano Bello
W-2 income vs rental income to please lenders for mortgages
Hello,
I'm an investor with small portfolio in Florida and have not been able to clarify this question.
I have owned for many years a corporation (C-corp) and pay myself a salary via a W-2 just like any other employ...
Erin Reynen
How can I help my sister keep her house after her divorce?
Hi,My sister is getting a divorce. Their house is worth about $400,000. They owe about $180,000 on it. He earns the primary income. She runs a daycare out of the home. She cannot afford to maintain the mortgage o...
Account Closed
Tax Rates on Rental Income
Greetings All,
I am new to the real estate investing world, planning to make a purchase this summer. I was curious about how rental income is taxed, specifically in the state of GA. Does anyone know the current rates...
Ryan Kuck
FIRE calculator: how many years until you can retire?
This free app let's you quickly determine when you can retire, is it just me or is this really useful? Anyone know of better apps you like for this or what you like to do for your personal calculations different from ...
Nneka Keshi
To cash out refi or save and grow
Hi BP!First Post, I am a buy and hold investor and have just been saving up my 25% down payment and purchasing. However it has become harder to find a good deal in this market. So I decided to look into refi to get ...
Deanna Luna
House Hack - renting out a room short term or mid term
Hello everyone. I need to reduce my mortgage costs! It's my largest monthly cost. I don't have any other costs I can reduce. I am looking into converting or building a new mini ADU from where my current detached 1...
Kyle Baxter
Down Payment Strategies with High Initial Starting Capital
Wondering what some of you who have experience in the small-mid multi-family market would do with a fairly large amount of starting capital (>250k) considering down payments. Do you prefer going as low as possible ...
Kevin Knox
New Investor Hoping to House Hack in West Palm Beach, Florida
Hello all, my name is Kevin Knox and I'm starting to research the real estate game. For a bit of background I just graduate in May with an engineering degree from UF, and I was fortunate to begin a job in West Palm in...
Emre Dura
Need legal advice for LLC opening as a non-US citizen/resident
I'm a new (foreign) investor and just bought a new property in Detroit with cash as a first move. Looking forward to legal advice for LLC opening. any referrals who have experience with international investors? Thx
Luis Herna
Help with SELLER FINANCING
Hi There,
let say that a property is being sold at 1M. Seller has 300k in equity rest is on a fannie mae loan. Instead of me giving a down payment, seller will finance the 300K in 5 years and we want to structure t...