Originally posted by @Matt R.

Originally posted by @Michael R Hornsby:My mother is 71, widowed, and still lives in the same home she has spent the majority of her adult life in.

They will obviously have to pull you r credit eventually, but if you are just shopping the loan, your pulled credit should suffice for them to quote you a rate and terms.When it comes to commercial RE, I would analyze the deal and make sure it makes sense before moving forward to presenting it to the lender.

if you buy a couple more units you are going o have to make the decision to get a property manager r spend more time in the Richmond area.

There are a lot of resources online and my personal favorite is Reddit.https://www.reddit.com/r/personalfinance/comments/...Ultimately, building a good score is mostly dependent on paying all your credit cards/debt on time.

We put 3.5% down through an FHA 203k.  14 months later, we've gut-renovated the 2nd unit, replaced a staircase, put renters in place upstairs, and reappraised + refinanced into a conventional loan with a BRRRRRRRish (how many r's?)

@Gulliver R. no one needs to be notified, Like Jeff said, it has nothing to do with the legal description.

@Tracy R.

I think what you're looking for is form 1040-ES - Quarterly Estimated Tax Payment.You **could** do it through EFTPS via the SDIRA as a withholding on the 1099-R, but I think 1040-ES will be simpler and less headache for you.

@Adam R. used the 60 multiplier as a way to account for operating expenses.