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Results (10000)
Keith Miller Need Help: Qualifying for Conv. Mortgage with rental income
12 October 2021 | 4 replies

Hello,
I'm running into issues with qualifying for a conventional mortgage to buy another owner occupied house here in Missoula MT, to build another backyard ADU, this strategy works great here. I'm hoping you can he...

Dilini Sundaram RE needed to bring tax bill to zero
19 October 2022 | 8 replies

Is there a calculation to determine how much Real Estate you need to buy to bring your tax liability to zero? For simplicity's sake, we can just use straight line depreciation. 

Christopher Davis First prequalification declined, trying to assess
13 September 2019 | 5 replies

I just had my first prequalify application declined. As I have learned, it is routine to approach numerous lenders until you get the yes, so I almost expected this. Just trying to assess. The lender was very polite an...

Andrew Blanks Seeking Advice - Conventional Financing for Self Employed
23 July 2020 | 5 replies

I spoke with my lender last week and he told me that as of I believe June 4th or so, Fannie edited their guidelines and it is basically impossible for a self employed (no W2) person to get conventional financing right...

Brandon Kessler Paying for Personal Expenses with Business Income
18 July 2022 | 4 replies

Hi all - I have a few questions surrounding the idea of having an LLC or some other form of entity. For background I do not have one currently and only have one rental property that’s a single family home but am tryin...

Steven Embree II Self-Evaluating Mortgage Loan Worthiness
9 August 2021 | 4 replies

I would like to evaluate all options for purchasing a second rental property. Among those options is applying for a mortgage loan. However, rather than just go out and submit an online application for a mortgage loan ...

Joe Edwards-Hoff DTI and rental income
30 December 2011 | 7 replies

Hello all,

I have a pretty simple question. If I own a single home, and would like to move into another and rent the one I am in, is there any way to count the future rental income on my DTI? Or will that only work w...

Emily Beck Qualifying for Mortgage
30 June 2022 | 7 replies

Hi!I am currently a full time student working a part time job, have a decent amount saved in the bank, good credit score & no debt. Any suggestions on financing my first deal? I’m having trouble due to my low annu...

Ron Singh section 179 deduction : split possible ?
16 November 2022 | 8 replies

Hello Hello ! Going for a business vehicle purchase and wondering: if the cost of vehicle is more than business ( property rental ) income in the tax year, can it be split in two consecutive years ?for example : Rent...

David Nino financing after leaving job to do real estate full time??
8 January 2019 | 5 replies

just wondering how to get financing for mortgages after I leave my 9-5. I have been using the BRRR strategy past few years but when I refinance banks always rely on my W2 from my 9-5 job.  Any info on how to get aroun...