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Why do you not include your monthly mortgage when subtracting operating expenses from your Net income. Seems to me this could lead to some misleading numbers when evaluating properties. If anyone could clear this up ...
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Assuming I can secure either an FHA or VA home loan on an investment property, where/how do I go about getting funding/financing for the rehab?
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As the corona virus 🦠 continues to disrupt industries, it has affected mortgage rates for the “bad”. last month I got a property at 3.5% on 30y. Currently at 4.0 investment property @30y. I’m closing on a triplex and ...
I have a personal truck I use for my rental properties sometimes. I will reimburse myself with the rental property account, which is an LLC, for gas when I use it. But is it ok for the LLC to pay for the loan paymen...
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Hey folks. Can everyone please chip in and explain what they are spending money on monthly to account for the 50% rule. I am having trouble seeing what kind of expenses can keep coming up that would equal half of yo...
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Keep running into maintenance issues with the property. On top of non paying tenant I had a water line broken.
Hey guys! I'm in the second year of a 5 year ARM (3.875%) on a deal I did a couple years ago. I have about $50k in equity but I'd like to refinance to get my initial down payment back out so I can reinvest it in anoth...
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I just purchased and started my 60-hour real estate course. When should I start finding a broker and how should I determine who to go with?
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Hey Everyone!In "The House Hacking Strategy" book, there is a discussion (pg 92) on debt-to-income ratio in regards to lending, and how 75% of potential future rent may be added to your monthly income number in determ...
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Your first home can be a great investment decision, especially in long run. Continuing the conversation from the previous post, home ownership can also be costly when not accounting for expenses outside of your monthl...