Complete the notice form listing all adult occupants on the “Resident(s)” line and make at least one copy of the notice for each adult occupant,and one additional copy for “all other occupants”.2.

Property 1100 sqft, 3bed 2 bath in Spring Area , is making $1400 in rent20% down = 38kLoan Origination, Closing cost = 5kLoan is 7.8 % ( investment interest is little higher ) out of 152k ( 190-138 ) = $1100 / month ( use mortgage calculator on google to calculate )Now add insurance 1200 / yearTaxes 3300 / yearProperty manager 1200 / yearThis is additional $475 per month, bringing you to a total cost of $1575 this is without repair reserves.

Another benefit of this option is that there is no additional liquidity requirement at closing.

This isn't always as simple as it sounds, but could provide some additional insight.

I've used templates from BP and other sites like Avail as a start and then asked my attorney to incorporate additional language needed for MTRs like the utility caps, monthly cleanings, etc. 

If it were me, I'd tell my brother than I get my downpayment back first, then we split and additional profit at sale 50/50 (presuming he matches your other expenses).

I know with my employer, they have specific contact info I can give anyone who needs to confirm employment and I can tell my employer what information they may give out.

The loan is based on the income of the property for qualifying purposes (in addition to credit score) versus your personal income.

I’m going to get very detailed with the numbers.Background info:I just turned 25, I have been self employed for about 5 years now.

I want to buy, rehab and either long term rent or short term rent(airb-n-b).The question is how do I get funding for rehab if I am not employed?