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I need to see if anyone has any insight into this. My DTI score is at 48% high for a couple of reasons. 1.Husband has hourly job with required overtime and bonuses. Only base is looked at which leaves out (rounded ...
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I was wondering if you guys include principal deduction as part of the cash on cash return calculations. I mean the equity is yours and will be able to cash out upon sale.
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Hey ya'll!
So I was in a meeting today with an architect talking about my current project.I showed him a property that's zone rm-2-5 with a 40' height allowance. It's basically a teardown on a 7500 sqft lot. Right no...
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I am just getting started with Real Estate Investing and need some help and advice. I am looking to secure my first deal, however I have some challenges in front of me with upfront money and credit. What should I look...
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We are in negotiations on a 16 unit. Purchase price will be somewhere around $600K. We primarily wholesale and should end up somewhere around $400K this year of income from our wholesaling business. We met with our ac...
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I'm looking at buying a property to live in and eventually rent. My lender is suggesting a 10 year fixed vs a 30 year right now due to rates. My strategy is to keep the home long term so to me a 10 year doesn't seem l...
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Advice needed ASAP! Anyone have any recommendations on tax advice for end of year tax planning. We have a high income and paid an extra 40k in taxes last year... we are looking to find a way to avoid his this year. Th...
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Hello,So i stupidly broke rule #1 and rented to my sister. It's been nothing but a battle with her since day one!!! She has paid her rent late every month...this month she still hasn't paid it all and the last day to ...
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Unfortunately, the tax code can be a burden for those who don’t understand it. But the good news is that if you find a great CPA to work with, they can utilize tax optimization strategies that help save you money. Ins...
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Hey guys. I’m looking for some advice. I have been reading about real estate investing for the past ~6 months and I really want to jump in within the next year. My wife and I currently have about 60k debt (mostly car ...