My last lender pointed out that if you reported significant gains or losses on a K-1 he would want to see those returns anyway.

I only need $70 K for the first deal.Bank 1 will give me almost twice as much money compared to bank 2.

Zak K.

Originally posted by @Matt K.

hello all my friend is going through divorce/separation long story short , he left the house  to start a new family ,the ex wife  does not longer wants to live in the house and she left too , now the house is empty and there was a big water leak he fixed the  water leak but not the damage last time i talked to him he was paying $800.00 mortgage on an empty house and paying rent in the new place the new wife which also does not want to do anything with the househe owns about $80 k to the bank he has $40 k on equity which he wants pull  but also there is a lean of $20 k on the housecomps are about $140 k -$160k  around here, how can i approach  him to get the best deal for him and for me in case he decide to get rid of the property3 bed 1bath small yard doblewide thank you for your input to all Homero Jose

If it is not on a checklist in front of them, many bankers are just plain lost.Your Solo 401(k) provider should have given you good instructions for how to communicate your needs to a banker. 

I own a property outright worth about 650 - 700 K.

Originally posted by @Christopher K.

If you have 500 k in equity total with 3 properties and you want to buy a fourth for 200k,  can that equity be accessed without refinancing the 3 properties already owned?  

I am looking for referrals for 203 k contractors in NJ for a project in Morris County NJ.