I understand that these plans are for self-employed individuals or those running a side business of some kind.  

I'm looking to surround myself with like minded individuals and would love to attend some local meetups as I start this new journey.

Good luck to youThere is a lot of mf properties in my local area that have been just sitting on the market due to poor pricing, I am going to try and reach out to them individually and see if we can work something out. thank you for your response!!

Well, you ‘re not “representing yourself”, you’re just an individual, as if you never had a license, except you have to disclose that you are licensed. 

There's a wealth of knowledge to be gained before making significant moves in real estate.Consider joining a local real estate investors association to start networking with like-minded individuals.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

We learned this the hard way with several of our bookkeeping Clients a couple of years ago.Now, having partners on individual deals within your entity is not the same as a "partnership entity".

Hi everybody.I have a question on the tax/legal side here.Does an LLC created in the United States under the law of the U.S. and the any state, whose managers/members are foreign individuals, is subject to the FIRTPA withholding when selling a U.S. real estate property ?

Those individual inspections?

OK, Citi Bank is presently calling my FICO score at 729 but my 3 individual scores this AM where 636,648 and 708