Dennis Parslow
90 Day Challenge- Charlottesville, VA
I moved to Va 6 months ago, after two successful flips in Massachusetts. On Jan 1st I set a 90 day goal to complete a transaction in Va. Ideally, a BRRRR, but would flip if the deal made sense. Credit is 750+, 5k c...
Mikal MAxim
Cash out Refinance or DSCR Single Family Rental
Hi, and thanks in advanced for your advice. We moved 4 years ago to a new home and kept our previous home as a rental. It has been rented out the past (4) years and has good equity. I would like to get cash out, but u...
Archie Barrett
How lenders typically calculate DTI
Hello, I have 5 mortgages on 8 investment properties, but I'm no longer working a high income job and so I need to pay more attention to DTI for future loans. I want to verify when calculating DTI, lenders will only ...
Account Closed
Strategies for Home Ownership as a Real Estate Professional - Pay Taxes or Take Write Offs
I have been in a good/bad dilema for some time based on my success as a real estate professional. Since we are growing and taking on new projects, my write offs have steadly increased or at least kept pace with my i...
Granville L.
Lowes / Home Depot - Contractors Discount.
Hello All
My wife and I are buying several low income houses to expand our portfolio and try new areas. While I like purchasing homes at cheaper prices, there is a lot more work that come into getting them ready. I...
Joshua Dorkin
Bush Proposes Stimulus Package of 1% of GDP - Thoughts
President Bush today proposed an economic stimulus package amounting to 1% of GDP. His ideas included:
Immediate implementation
No Tax Increases
Bolster business and consumer spending
Tax rebate check
No Spending Pr...
Jon A.
Looking for lender recommendations
We own a duplex with a DSCR of 1.5 (from what I understand) and about 60% equity. When the pandemic hit we took out an equity line and I pulled all the cash out and put into a savings account out of fear that they wou...
Kaitlyn Beard
VA Loans and Pulling a HELOC
Is there any restrictions with getting a HELOC on a property with a VA loan? I do not know too much about HELOCs but my purchasing my next property may end up requiring me to do that since I do not have a large sum of...
Alexis Johnson
SoCal House Hack Idea’s with little saved
I am about to finish my internship as a clinical scientist and hopefully pass the ASCP board exam ! I have a little of money left in my bank account and I want to house hack but I am not sure if 15k will get me anywhe...
Sahel T.
Criminals
Hello, new to this website, I had a question, how often do you guys rent to criminals? Do you have a policy for that, such as type of crime will deny the application?I want to give people changes because I can underst...