Jacob Grant
Debt to income ratio, does NOI or Cash flow=Income?
After the period of time the bank requires to start counting rental income as income, do they use your NOI or your cash flow as the added income? I am wondering how it pertains to your debt to income ratio, particular...
Derrick Lloyd
Deposit for roommate
I have a 2 bedroom/2 bathroom primary residence that I bought with the intention of renting out the extra room. Originally I had a friend renting from me for about 2 years, and there were MANY lessons learned.This ti...
Jack Bier
Buying Off Market House FHA
Hi, I am starting the process to buy a house. I plan on cold calling around neighborhoods I want to live in to find a great deal. I've done it in the past, just not to buy a house, more prospecting for listings. This ...
Ashley Russell
Buying multiple unit in condo complex
We own one unit in a four unit condo complex. One of the other owners is selling and we want to buy.
I know there are some new rules around owning multiple units in a HOA. Who makes these rules? Is it a Fannie Mae t...
Robert Ashline
Roadmap To My First Investment, Feedback Welcome!
Hello Everyone! I am a 23 year old who is currently budgeting and saving toward a down payment fund for my first investment. I work full-time in healthcare administration and my current budget allows me to save aroun...
Arpan Solanki
How to remote one tenant from lease
I have two tenants on a lease. One of them wants to move out. How to i remove his name from the lease. What is the process for that?How do i update the current lease agreement to remove his name? The other tenant is g...
Kuron McGraw
Setting up business
Good afternoon Looking for real-estate refferal cpa in or near Newark NJ.Trying to set up my business however not sure how to structure it. Llc? S-corp? Add members? Employees?Any recommendations wanted.
Daniel Kirby
Best Way to get cash out of my Rental Property?
I have about $60-70K equity in my rental property. My current interest is very competitive so I am not necessarily looking to get a new mortgage company. What is the best way to get money out of my house without pay...
Joseph Barthelemy
SEEKING FINANCING To Purchase Duplex
Hi,
In the process of purchasing a duplex for $125K, which needs about $40K of rehab work. Very solid ARV! I am seeking to find a hard lender to help complete this deal or get a conventional mortgage. Any help or sug...
Sean Goodson
First Military, then future investor
The VA loan! I understand it is now unlimited to families of military but what about using the VA loan to buy rental properties. I spoke with my realtor that sold me my current home I’m living in and she said she wasn...