Ricky Fell
Which loan is needed for house hacking?
Good morning everyone. I hope you all had an amazing Labor Day weekend. My wife and I are actively looking to purchase a duplex to house hack. If you’re residing in one space and renting out the other space, do you ha...
Michael Sanchez
Cashflowing Rental in Heart of Greenville
Investment Info:
Single-family residence buy & hold investment in Greenville.
Purchase price: $180,000
Cash invested: $40,000
Off-market SFR in heart of Greenville. Came fully furnished. Purchase...
Austin Bright
How to calculate Debt to Income
Below is a snap shot of a P&L on a potential investment property. How exactly is D/I calculated. I'm confusedIs it PITI/(.75*2400)=(1246/1800) which is 69%? Is the D/I something else?
Louisa Seales
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.
Timothy Douglas
Potential FHA Business Model
Get 5-10 of our friends who we trust, want to build wealth, and are ready to run a business.Let them know about FHA loans. 3.5% down.They each buy a 3-2 or multi-unit complex (4 units or smaller) that they rent out to...
Cody Cervellera
Possible Duplex purchase?
Looking to get my feet wet with a possible Duplex i've found. Each unit is a 3/2 with rentometer quoting roughly $800 per unit(not sure how accurate that is). It is an REO listed for $84,900, stated to be newly renova...
Darek J.
Application fee and Electronic rental applications
Hello all, My question is: When using a website like Cozy.Co for screening and tenant applications, would it be appropriate to have all perspective applicants pay the application fee for backround/credit check, despit...
Anthu Tam
Is a 12 unit multifamily considered commercial property?
I am looking into a 12 unit multi-family property and one of my know lender tells that i need a commercial loan. Being new to commercial loans - is there a requirement that will classify a property as commercial? If y...
Morgan Porter
If a tenant is deployed they can break lease?
I’m looking for a new tenant and a nice couple applied. One of them is in the army and may be deployed in the next year. If that happens, my understanding is they can legally break the lease and leave. (At least that’...
Angel Gabriel Ramirez
Can I buy my first property using a new LLC?
Good Day, recently I created an LLC in order to start investing and buy my first property using the business. Do I need previous tax returns from the business (which I don't have) or I can back it up with my personal ...