I am looking to buy a rental property for 170k using a conventional loan.The lender requires 20% to fund the purchase, and wants to see the money in my account ( seasoned for at least 60 days)The problem is I only hav...
I need opinions on which is the better choice here. I have this money in my investment account, do I pay off debt by the snowball starting with Car loan and ending on the 2 CC's to clear out monthly cashflow? or do I ...
Good afternoon everyone, so I am living out in Canada and I currently own a suited home as a rental property (not planning to stop there). I JUST recently created a website and would like to have a link to whatever me...
Wondering how to amortize loan origination costs of business LOC. LOC is over several properties I own. Normally I would amortize the origination costs (appraisals, origination fee, etc.) over the length of the loan b...
This isn't real-estate related, but I know a lot of people on the forums are pretty business-savvy. I'm looking an SBA loan in Seattle, Washington and wondering if anyone knows a good place to go to? I talked to the...
Hello,
I used to live in the US but now live overseas. I'm not a US citizen but since I lived in the US, I have maintained a US bank account, credit card and get my mail at a friend's place who doesn't mind doing a f...
HelloI have been using spreadsheets for few years, and it has become a time consuming task. I was looking for accounting software and looked at "Rentastic" and "Stessa". The first one with a reasonable monthly fee, an...
Hello BP - Has anyone done depreciation tax credits when House hacking? From what I have gathered on several financial advice websites, in order to calculate depreciation for an owner occupied rental/duplex you follow...
Brief rundown of myself: Senior Finance major, accounting minor graduating in December from the University of Arkansas. Work experience as Assistant Credit manager at a construction supply company.
Problem: Convinci...
I need information from an loan underwriter on what should I file on my taxes too obtain a investment home loan please at least 100k