I was just told by a lender yesterday that my debt to income ratio was above 45% so I need a cosigner for an investment property.  The key thing that sticks out to me in this conversation was that by having a primary ...

My business partner and I purchased a 3 flat in Chicago for $325k about 3.5 years ago. We are currently getting $4300 in monthly rent - Soon to be $4600. We formed an LLC immediately after purchase. We have bee...

I searched for answers to this topic but couldn't get any information. My question is simply if i own 5 rental properties and they each are cash flow positive.  How can i get a 6th one?  My dti will be reaching 50%. I...

I have two rental properties
One with a $5400 mortgage payment with $6600 in rents coming in after expenses ($1,200 in profit)
Another with a $2000 mortgage payment with $3000 in rents coming in after expenses ($1,...

Can you still be considered a real estate professional while using a management company for AirBnB? I want to use the losses to offset my W2 income. Thanks

Does the time spent in re-development of a building (planning, financing, supervising, and construction) and renting the building to a business count for material participation hours to gain real estate professional s...

Hello . Does anybody know...Does finished basement adds value when applying for cashout refi? 1) does it add to overall house sf?2) if I add 2 bedrooms in finished basement do they count and add value?My basement 1000...

When you lenders are looking at landlord experience on tax returns, what exactly is it that you are looking for? Is it a certain dollar amount? is it a generally accepted percentage of what a property might bring in i...

Hello All - this is a newbie question, but should you include your rent in a multi-family property that you plan on residing in? Especially when evaluating gross income and cash flow?Are there tax or liability benefit...

Hi All!I'm wondering if I were to refinance a handful of my properties into a non-recourse commercial loan, would these properties then come off of my personal credit so that I could purchase more properties with Fann...