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Results (10000)
Michael M. rental income from renting rooms in own home on mortgage?
15 March 2017 | 2 replies

I own a multifamily home.  I live in one unit and rent out the other.  In the unit that I live in, I rent out the other rooms.  When I apply for a refi or a mortgage for a second home, can I include this rental income...

Jackson Tyler Hunt Real estate professional when filing taxes
9 March 2022 | 1 reply

so I’ve been learning a ton about the advantages of being a real estate professional and how you can use that depreciation from passive income producing assets to offset your earned income. And as I was reading it ap...

Kevin Cespedes Debt to income ratio
7 May 2019 | 5 replies

Hi guys. I need some help understanding how does the debt to income thing works.. in regards to getting a approve for a loan. If anybody can break this down for me it will be greatly appreciated..

Nicholas Weckstein Creating income from unused space
6 January 2021 | 0 replies

Hey everyone! Been a while since I’ve posted but have been busy. I’ll get right to it.Just purchased a mixed use commercial building and I’m looking for creative ways outside of living/business units to add a nominal ...

Mark Derecho What to do with converted garage done without permit
13 March 2019 | 2 replies

I am about to start renovation on a property in Houston.  It has a converted garage which was done without a permit and looks to be not up to code.  My plan was to demo and convert it back to a garage.   Getting it up...

Sabrina Sargent How to separate personal from business expenses?
3 May 2022 | 2 replies

I am planning on getting a multi family/duplex and live in one of the units. Does anyone have advice on how to keep my business and personal finances separate. By that I mean what should I count as personal expenses a...

David Verde How does selling a property with a wraparound mortgage affect DTI
10 December 2019 | 2 replies

Ok, scenario - I own a house with a conventional fixed-rate mortgage at 3.5% rate.  For simplicity, lets just say I owe 200k on a house.  Now, I want to sell the house to my cousin for 200k using a wraparound mortgage...

Michael Conway Question about my debt-to-income ratio??
15 May 2017 | 3 replies

My wife and I recently purchased a duplex "house-hack" together.  She had a short sale a few years back so we financed this through FHA.  I am looking into another deal with a partner on a SFR.  My gross yearly income...

Kyle Thomas Comps, Rehab, and ARV
20 July 2023 | 4 replies

Hey everyone! I've begun to comp properties and would love some input on the process - specifically, best practices for determining rehab costs & ARV.

Wilson Pereira De Oliveira Convert basement into a bedroom/tv room and laundry into bathroom
30 August 2023 | 1 reply

Hi guys,
I have a 3/2 SF with 2 car garage and basement. My idea is turn it in a 4/3 converting the basement into a conforming bedroom with window and closet and a tv room/living room and the laundry into a bathroom ...