@Matt Pitschman,Here is a link to an Attorney In Pittsburgh.He is a Real Estate Investor.I'm not Affiliated with, and do not receive any Compensation for this recommendation.Raymond

As broker's we are subject to strict compensation guidelines that are more stringent than banks too so that works out well for you in most cases.

One issue Gary is your seller will have imputed taxes on zero interest, I see it's not much but the headache would tick me off, why not pay 3% and discount the price to compensate and avoid the issue for ten years?

Airbnb rewrote the rules in many states for what is considered a guest visiting your home and various compensation laws around it.John-It's interesting you always bring up the investor making a suit.

Not saying people shouldn't be compensated for their time - just wondering what these profitable gurus motivation is?

Martha Chavarria - good for you that you can charge for estimates; it does take time for that to be done, and so being compensated for your time is good for you.But those of us who are investors are looking for contractors who are geared to working with investors; they understand that if they charge for estimates for property owned by the investor, that they won't get called to do any bids, because investors do know contractors who will not charge for estimates in those cases.

Income Tax Return for an S Corporation, state "Distributions and other payments by an S corporation to a corporate officer must be treated as wages to the extent the amounts are reasonable compensation for services rendered to the corporation."

. :) Plus, you know what they say about guys who have to drive big cars....they're probably compensating for something else that isn't big (and I'm not talking about his ego).

You need credit, income, knowledge/experience, collateral and assets to be considered for financing in RE, if you lack in one area, you need to compensate in another area, but the ability to repay and collareal can't be completly overcome with other aspects.

(l) a Montana-licensed attorney who negotiates the terms of a residential mortgage loan on behalf of a client as an ancillary matter to the attorney's representation of the client unless the attorney is compensated by a mortgage lender, mortgage broker, or mortgage loan originator or any agent of the mortgage lender, mortgage broker, or mortgage loan originator;Bill is offering you insight to the origination process which from time to time and amongst different situations can be a problem.