You do not need to provide tax returns, W2s, paystubs, etc.

@Loren Souers I'd have to run the specific scenarios with the rates and fees, but if you're OK with paying the higher closing costs, the Mortgage 1 deal looks good, particularly if you focus on CoC returns.

Since the loan is still in your name, you can deduct the interest you’re paying to the lenderon your tax return... 

I already have some equity in the property after doing a complete rehab but I don't want to diminish my returns selling it after one year, paying for commissions/closing costs.

By leveraging our expertise in pricing and buyer demand, we identified a deal that required no renovations but still yielded solid returns.

MTRs often have lower management demands compared to platforms like Airbnb while still generating higher returns than long-term rentals.

For 2024, the annual gift tax exclusion is $18,000 per recipient (rising to $19,000 in 2025), and amounts above this require filing a gift tax return (Form 709).

Just be sure to research your target markets carefully to maximize returns.

Have a proforma for calculating your returns I can share as well.

I'm now figuring out how to maximize the return on current properties and add value, efficient ways to self manage, etc.