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Results (10,000+)
Jerry Tilley Are there other loan products out there that are asset based besides DSCR?
15 September 2024 | 22 replies
Im self employed and my debt to income doesn't look good on paper.
Clare Cui Bankruptcy (but great credit score?)
16 September 2024 | 8 replies
I could also ask him to provide a report from his business (he is self employed) of his P&L and transaction reports to make sure he is making money etc. 
Alicia Zhao Is interest from private lending passive income?
16 September 2024 | 7 replies
For you, it will likely be business income / ordinary income(non portfolio) where it will be deemed active / passive depending on your level of participation.There are some court cases out there where people who originate 4 or more loans in a year are moreso deemed in the trade or business of lending money.It will depend on the original poster's taxaccountant to determine how he/she will treat the income.The one con of it being business income is that it may be subject to self-employment taxes.
Jenni Utz How DSCR Loans Can Help You Invest in Real Estate
15 September 2024 | 1 reply
As long as the property generates enough cash flow to service the debt, you qualify—without the need for personal income verification.This type of loan is ideal for those serious about growing their real estate portfolio, especially if you’re self-employed or have irregular income streams.Why DSCR Loans Matter for Real Estate InvestorsWhen it comes to real estate investing, traditional loans can often be restrictive, requiring personal income verification and imposing limits on the amount you can borrow.
Harish Pasupuleti New Investor Seeking Guidance on Out-of-State Properties
19 September 2024 | 29 replies
and "How can I employ a strategy to make this property work?"
Eugene Mitchell Escrow won't close
15 September 2024 | 18 replies
Our lender’s instructions now require all acknowledgments by a notary employed by the title or escrow company.
Andrina Maximin Has anyone used a DSCR Loan, what are your experiences with loan product?
18 September 2024 | 15 replies
Most 1099 self- employed investors generally write everything off so using 1040's, 1120's or 1065's is a no go for tax returns.
Aaron Lynn Brown My first Flip!
16 September 2024 | 22 replies
Also I shopped very frugal, I would buy a lot of material wholesale or through auctions, and also I had the ability to buy from a former employer, a manufactured housing factory, that was also a huge savings for me.I had to do this deal this way.
Ashley Wong Columbus/Tulsa/Huntsville - LTR vs. MTR?
16 September 2024 | 9 replies
I want an employer to come in with 9000 6 figure jobs.
Peter Christensen Is the applicant cheating the application/possibly using a stolen identity?
13 September 2024 | 5 replies
If they look fine, do you see her employer's name there making deposits?