It means personally, there is too much debt the lender views you as liable for compared to the income history you've shown.I've heard some lenders do not acknowledge rental income as benefiting/contributing to your personal income at all.

I'm more so interested in talking to individuals who have done Joint Ventures to purchase either SFH/duplexes/fourplexes in the city/area and hear your stories as to how you sought your financing to fund your deals (whether personal or lender), utilizing/opening corporations to facilitate you deals with other investors, and how you structured your deals so that everyone was contributing (whether with time/funds) and had something to gain so everyone was happy.Would also love to hear about local contacts/networking for lenders/investors that you may know of in these regards.Can't wait to hear from you all.

Thank you all for contributing to a great platform for the real estate industry.

Pipes have burst, flooring needs to be redone, boilers replacedThe investor is looking to only contribute financially and provide mentorship but mainly wants to be as hands off in managing the rehab process as possible.

Only employer profit sharing or non-discretionary contributions may be made for the prior tax year, however. 

He said name one thing landlords contribute to society. 

Now we can pay for schools, fully fund IRA's, contribute to 529's...

It seems that rent control can in some cases prevent investment in rehabbing/improving properties in good times (because folks can't come in, create vacancy in occupied units, and remodel whole structures), and might contribute to an increase in vacancy in downturns, which is something I had never considered as a possibility until today.All in all, this property is a massive, massive winner for this fellow, accounting for nearly 50% of his net worth. 

I suggested increasing my 401K pre-tax contribution to try to stay below the $75k. 

I am new to this and I hope to one day contribute on here.