@Alicia Prokos (and anyone else in the same position) A 401k plan is a type of Qualified Retirement Plan, in which there are - at a minimum - 2 essential roles: Trustee and Administrator.Plan administrator – The person who is identified in the plan document as having responsibility for running the plan.Plan trustee – Someone who has the exclusive authority and discretion to manage and control the plan assets.In the overwhelming majority of plans, it is the business owner and/or the business entity adopting the plan that fill these roles.Companies that provide 401k administrative services are more aptly called "third-party administrators."

If they only make $2000 and know their income has to be $3000 or higher to qualify, they can apply elsewhere and save the $30 application fee.

This extra road frontage now also qualifies my property to be able to be legally converted into a triplex from a duplex.

Spruce the place up and find a new, qualified renter at market rate.Don't forget to update your lease agreement.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Higher assets or cash in the bank increases what is called you compensating factors which banks/lenders use to qualify.

Now, I'm not an attorney, so I'm basically mansplaining something that I am not qualified to comment on.

I have also seen appraisers recognize that multiple ADUs by rule does not qualify for conventional F/f financing.  

Some costs MAY qualify as startup costs if the rental rises to a qualifying trade or business level under 195 as well.

Research ways to use your education to help you qualify for a loan (did you know that some lenders allow college credits that translate directly to the line of work the graduate pursues to count towards work experience, accelerating the borrower's opportunity to get approved for a mortgage?).