If a persons Fico score is above 700, and debt to income ratio is low , is it hard to still qualify for a commercial multi family mortgage through your business , if your previous years tax returns show losses?
I'm trying to build out a robust deal analyzer/performance tracker spreadsheet for small multi-family and am trying to think through useful metrics. So far I've built in:1. Initial Cash-on-cash return.2. Internal rat...
Hi All, Close to pulling the trigger. Clean Duplex listed for $250K. Unit A) 3 Bed/2Bath Unit B) 2 Bed/1 Bath. Both units are rented for $1000/mth. Planning on using a 401k load to fund my downpayment. The 401k load ...
Hi BP! This is an opinion question. What would be a better use of my tax return? To pay off all my credit card debt or to stick it in my savings account? What do you think?
I'm researching a seasonal camp purchase as well as several others for potential STR. Given the market has not fully slowed down I'd like to get pre-approved so I'm ready to go if/when my husband and I find something ...
Hello everyone!I’m looking for a book of partnership 101, reason I’m asking is I’ve come across opportunities that I found a deal and potential private money but I don’t know how to structure partnership that is fair,...
Has anyone ever applied for an sba7 small business loan and applied it to one or more rental properties. Specifically refinancing debt/loans?
I am considering a partnership with a real estate investor to buy and hold multi-family real estate deals. We will call it "XXX Company" for example. The partnership is 50/50 (as defined by our operating agreement), a...
Hello Everyone! I have had some great success with a VA loan in San Diego in my 2 bd 2 ba condo. It has allowed me to gain wealth faster than renting, but now I find acquiring the next property very daunting. I feel a...
Times ticking on our 1031...our plan was (is) to buy a SFR and STR, but finding it challenging with new town ordinances and HOA's wanting to do away with STR's. We live in MA and would like to be within about 1.5 hrs ...