Seek professional guidance from experienced agents, property managers, or investors to identify hidden gems, negotiate favorable deals, and navigate the complexities of the real estate market more effectively.By employing these strategies and conducting thorough due diligence, you can increase your chances of finding cash-flowing properties that align with your investment goals and financial objectives.

if you intend to live in it, there are strict ATR rules for consumer loans. this means the lender will have to qualify you with income one way or another. if self-employed, you have a few options that will eliminate the need for tax returns.

Hey guys, im located in Phx,az and would like to invest on my first property here, I would like to know what are my options, I am self employed and bring in about $4k a month (mostly cash )no paper work to trace my earnings (im in the car selling business)  , experian score 630  1 delinquent acct but it was paid off many years ago, Ideally i would like to put down $10k to $15k tops, what interest rate do you all think im looking at.

They will make him wish he had never been born :-)https://www.wikihow.com/Report-Employers-Who-Hire-Illegal-Im...

You will learn a lot about the market, opportunities others have found and the many different strategies and perspectives employed in this City. 

Let's break down the situation and explore some potential solutions:Mortgage credit score is the credit score used by lenders for mortgage loan approvals, influenced by factors such as credit history, debt-to-income ratio, and employment history.

I cannot say for sure, you can check them out www.streamlinevrs.com.It is more based for PM's to service multi owner situations, it sounds like you may be asking/looking for a solution that is employed by the owners themselves to track performance and use?

2- If I employ a full-service property manager to handle tasks such as cleaning, maintenance, booking, and guest communication, while I focus on business aspects like property search, renovation, decoration, bookkeeping, and supply procurement, would this still qualify as material participation or could it pose a risk?

My LLC for PM would be taxed as a sole proprietorship unless I had other employees, which would equate to being considered just another source of regular income for me, meaning the $1000 I paid would be taxed at my individual income rate (25%) for a total of $250, meaning I would still only keep $7500.However, if I had more than just myself employed by the LLC and made less than $50k/year, I would only be taxed at 15% on the money I allocated for PM, or in this case, $150.

I have long thought that the NAR as well as State and Local Boards and MLS’s that I have been a member of were bureaucratic cash grabs that existed solely to employ those among us that were not talented enough to actually sell real estate.