Additionally you can always write in what was done to correct it and explain that since then you no longer had issues. 

It is common for investors to bring in additional signers, often referred to as credit enhancement.

Most of the time, an ADU will cost 100k just for that part and then you have to actually build the cosmetic part for an additional 40-50k. 

I put 20% (54,000) and then an additional 7% of the loan amount ($15,000) since the bank only offered 93% loan of the purchase price. 

Real estate transactions, especially flips, come with specific tax implications such as the potential for dealer classification, short-term capital gains, and cost allocation for renovations, which can significantly impact your tax liability.

Very interested in the Cleveland/Ohio market in addition to a few other cross-border cities closer to Toronto. 

Additionally, I am also open to the Tobyhanna and Strausberg area as well.

I would imagine the LLC will have its own EIN, but we will still report the gain/loss as pass-through income on our joint tax return.

My biggest advice - take your time, do your research, and consider hiring a mentor.Check out the Rookie Podcast and forums on BP; you'll gain a lot of valuable insights from them.Wishing you success in your investing journey!

Great option for buyers financing with VA, FHA, conventional, DSCR, or cash of course (no seller financing).The listing will be available starting in mid-February and most likely won’t be on the market for long so shoot me a DM for additional details and I’ll be happy to chat!