Keep receipts and records to substantiate these expenses.The IRS allows you to deduct 50% of qualifying business-related meal and entertainment expenses.

If they were to deposit it into their account, we would back that deposit out from their balance as if it never existed, which then puts them in a position where they are still not showing sufficient funds to close or reserves and won't qualify for the loan. 

It barely qualifies to be on this list given the paucity of features, but since Zillow has such huge market reach it's worth mentioning.

You have to be able to qualify for the refinance.

I know that I need to have at least two years of income history to be qualified for a loan, so that's why I decided to do it now. 

Hey Kevin - we actually can finance up to 75% LTV for foreign nationals for a DSCR loan if the property meets the qualifying criteria but we typically lend at 70% LTV for purchase.

If your family qualifies, you can offset your active income with your real estate losses.

We currently reside in Europe and are considering purchasing our first investment property in the US, particularly in the Tampa area.

Hello friends,I have a WY Holding LLC. I live in New York (for now 🙄) and will be buying investment property outside NY state. If I only manage my holding company - no active PM role - does that help avoid filing/regi...

It can be a great way to sell a problem property for a good price to someone who wants to own a house, has money for a down payment, but can't qualify for standard loan products.