Peter Eberhardt
Funding during COVID for 1099 MISC income
Hey all,
I am looking to see if anyone has anymore info about utilizing 1099 income for acquiring a conventional loan on an investment property. According to this this article, I should still be able to use my 1099...
Julia Ferris
Questions about a HELOC & DTI
Hello,
I'm concerned that I waited too long to apply for a HELOC.
Do all banks calculate debt to income ratio the same way? How do they do it? Is mortgage payment with taxes and insurance? What about a personal ...
Kevin Chhum
Hello everyone, I am a new member of BP from San Diego California
My name is Kevin,I'm 22 years old. I open my first small business at the age of 18 selling electronic cigarettes, it was going really well until the competition of other shops grew.I now work a regular job paying abou...
Account Closed
Tax Downsides to Paying Off a Mortgage
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...
Victor Lau
Hello from San Francisco, CA! Just discovered BP!
Hey Fellow Members! I'm from San Francisco, Ca and after running my Small Business for over 10 years, I'm ready to taper off from the daily grind. In search for a new revenue stream I came across BP and investing...
Mary Hill
Tax benefits for people who make too much at their other job
I have 2 rental properties, but my tax guy says my other job brings in too much income, so my tax benefits on the rental property is rolled over each year. Any ideas on how to reap the tax benefits now regardless?
Nicole S.
Borrow equity to avoid capital gains tax?
Good Morning BP, I've been searching the forums in hopes of my answer but no luck, yet. This is my loose understanding: I was told by some investors this weekend I could borrow the equity in my investment property to ...
Aaron Simpkins
Vested Roth 401k questions
BP CPA's, I have a question. I have a fully vested Roth 401K from a place I no longer work at. I want to leverage this Roth into my real estate investments but I am still unsure of how to fully take advantage of tha...
Nooshin Detches
Is there any good multifamily properties in southern California for sale?
Hello every one, Is there still any good multifamily deals in Southern California ?
Thomas Klein
DTI stopped my refinance
Hey all,
Hope everyone is doing well. I wanted some feedback on a great problem to have. (I think...)I thought I had good rentals. Haha
The credit union I use (Space Coast Credit Union) told me my DTI was too high ...