I finally pulled the trigger on my first in Jan and this week closed on my 4th!

Answer 4: Interested, flexible, cooperative, etcQuestion 5: How are you going to find these triggers ?

@D HiggsI’ll just say I haven’t yet pulled a trigger on nonQM but last year I interviewed several brokers and other sales people for that type of loan, and, didn’t have any reluctance at all.

We have pulled trigger with both agents.

I have found several “deals” that meet my requirements as this will be my first property outside of our home, but without her on board I can’t pull the trigger.

In my county "Joint tenancy" does NOT trigger property tax reassessment which I would greatly like to avoid.

In order for the LLC to "own" each property, you need to transfer the deeds into the LLC, which is typically prohibited by lenders and could trigger the due-on-transfer clause.

Benchmarking some of the bigger syndication firms out there, most have gone the 506(c) route, which really makes me consider pulling the 506(c) trigger on an upcoming project.For those of you who have made the switch, or who haven't, what was your thought process?

As @Christian Stoecklein mentioned, a large W-2 for a single filer (or both spouses if MFJ) is sure to trigger an audit or examination eventually if RE pro is also claimed.If you're a RE pro, consider working with a tax pro who specializes in this area to make sure you're substantiating your tax return positions every year.

Hello All, I have been researching for 8 months or so and looking to pull the trigger on a single family in a college town.