Keeping a W2 for a while will make it possible to get loans and use leverage to invest.

These typically account for about 80 to 85% of all expenses in a flip.If you know the lenders' terms and the loan duration, lender fees, the second greatest expense, are easy to calculate.

I have spoken to lenders about traditional financing and also DSCR loans.

Compare Loan Terms – Ensure their rates, fees, and terms align with your investment goals by getting multiple quotes from other lenders. 3.

But the props were in your name and they had a loan against it and then when it was done they bought it from you and you made a profit ??? 

Loan had high terms of 9.5% calculated to 20 years and a balloon payment on the 3rd year coming up this April 1st.

Tax Implications & Loan Considerations✅ Be prepared for higher property taxes and potential changes in tax deductions.✅ Ensure your mortgage allows renting—some loans have restrictions.If your financial cushion can handle these factors, you’re in a great position to rent out your home successfully!

While his loan isn't assumable, you could structure a deal where you take over payments while giving him equity in a seller-financed second note.

I have several different loan products but my most popular one is the new joint venture product that hasn't been out very long.

I purchased this using an FHA loan and the address listed on the loan is 1001.