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Hello everyone,New investor here in Canada. Is it possible to get a mortgage with these stats:- 30k available down payment- Little/No credit history- No income yetI'm looking at some cheap places in the Northern Ontar...
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Dear all,My name is Oday, and I just jumped onto real estate investment. I am currently living in Calgary and looking for rental investment properties. After doing some research, and draft math - Im having trouble fin...
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When approaching a hard money lender what are the most significant things they look at in a borrower. Do they look at your DTI ratio, do they require a certain amount of income based on loan value? Etc. I know they wa...
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I'm supposed to close Friday.
Appraisal came back as a 5 on the risk scale and was red flagged. It's a single family vacation rental cabin in an HOA with 11 other cabins.
The ones that have sold in the past few ye...
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Ladies and Gents,I think it's time to inject a little intellectual honesty into our discussions. I may not win any Mr. Popularity contests with this posts, but it's an honest attempt to help.Note - real estate investi...
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I am very excited that as a new agent I was able to list 7 properties in central Texas last Friday, but I have no idea what to do now. I have only been lisenced and practicing since December and so far I h.ave only d...
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Just bought a 2 bedroom charming house , the cabinets were in bad shape, the floor were laminate , it is OK but super dirty. not sure shall I remodel the kitchen or just repair and polish to rent it out.Which will giv...
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I have 3 rental properties and have saved a portion of the rent for emergencies, repairs or vacancies.
How much should I have in my account for each property?
Thank you,
Kathy.
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A year ago I was a hobby landlord. My hubby works full time and I'm wheelchair bound, so I thought that managing a large rental portfolio was unrealistic, but we were doing ok with 3 houses. Then I joined BP, and a ...
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I'm exploring SD checkbook IRA thanks to the advice on this forum. Unfortunately I don't qualify for solo-401k since I have no self business generating 1099 income... I wanted to see how UBIT is calculated in a IRA LL...