Dylan Baxter
Determining eligibility for a Partial Exclusion of Gain
My wife and I have lived in our current home since 12/15/2020. I bought the house before we were married, but she has lived with me since day one, which is documented on the insurance policy. She is a physical therapi...
Todd Ashelman
How to find if a property is FHA Approved?
Hey guys, I'm looking to move into flipping in the D.C. area and am interested in a potential short sale on a condo. It would be a quick and relatively easy rehab, probably just some light fixtures a new bathroom and ...
Beverly Lapena
USDA loans? Do you recommend them?
Hi my name is Beverly Lapena, and I just got my real estate license. I have a potential client that is asking about a USDA loan. I’m not too familiar with it so I wanted to get your thoughts on it.Would you recommend ...
Peggy Liu
Refinancing without the 75% LTV?
I have an investment property in Austin, Texas. Unlike my first one, I don't have the 75% LTV on this one. The mortgage on it is still 117K and I believe this is the current comp value as well. I am paying at an in...
Joas Espinoza
Student Debt and Financing
I am currently holding a few student loans amounting to about 20k, would this hinder by ability to obtain financing for a rental property or any other type of real estate? Should I just hold off until I've paid these ...
Stephen Sloane
Do Landlords get Any Stimulus Money?
Hey folks, like many out here, I've relied for a few years now on "passive" income (as the government would call it) from my rentals here in Southern California. It's quite common knowledge that if you make under 75K ...
Amit Chawla
Tax Credits or Incentives for Redevelopment
Hi, I was wondering if anyone had compiled a list or if there is one online where I can find which tax credits are available for a redevelopment project. I know these vary based on state and the redevelopment needs, ...
Chris Baek
Debt Service Coverage Loans
Hi, Does anyone have experience with this type of loan? And if so, how do you determine if you will be approved for a DSC loan? Thanks, Chris
Fred Derst
Renter with non working girlfriend
How do you evaluate a renters ability to pay if they have a non working girlfriend and child?I know 3 times rent is rule but do you increase this by the number of others in the home?Also what to do with people who cla...
Sean Johnston
What is a DSCR Loan?
I have recently heard of DSCR loan and wondering if anyone has more information on it. Or if you have had personally used them. Are their any draw back or restrictions? Thanks in advance