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Looking to house hack a 4 unit with fha loan need help in nj
3 April 2017 | 25 replies
Thats true Upen but its good to note that generally only the base or salary income can be used for qualification with out any waiting periods assuming the same industry.Using bonus/overtime/ auto reimbursement/commissions from a prior job will be hard to carry over unless it was a near identical position in the same industry like car sales man at chrysler to car sales man at a ford dealer or retail sales at AT&T to retail sales at Verizon Wireless.
Benton Moss
Making the jump from SF investing to CRE investing
1 March 2017 | 32 replies
I have my RE license and my brother is an HVAC contractor (which obviously is a huge bonus).
Paul M.
To get a contractor's license?
19 April 2012 | 8 replies
I even offered to buy the study materials and give him a $1,000 bonus once it's done.
Cheryl S
Rehabbing for Rental Properties
1 October 2012 | 18 replies
The bonus is that the laminate will not hide pet sins at move-out like the carpets will.
Paul Nagy
Newbie buying a duplex - good deal?
2 March 2013 | 11 replies
To me, the property has to be attractive even with management expenses accounted for, then if we self manage, it's more of a bonus that we use to speed things along.Personally, I'd pass unless I could get the seller to accept 100 or maybe 105 at the outside.Best of luck.
Kristann Montague
1st Rental Property Closes Escrow on 9/26 -- When Can I Begin Marketing?
16 August 2012 | 6 replies
The house is 2 bedrooms + a bonus room (no closet in the 3rd room -- I'm thinking seriously of hiring a contractor to build in a closet but haven't decided yet; I don't think it would cost much but could help me get a higher price and the time to recoup the investment would hopefully be a year or less).
Lokesh W.
Adam King's Coop Lease Purchase Course Feedback?
27 March 2013 | 17 replies
Thank goodness it is not one of those courses that cost $997 with fast action bonuses of $10356.17, fr.e.e 1 hour strategy session (worth $500) and 2 f.r.e.e ticket to 3-day boot camp!!!
Teague Anderson
Where do you guys keep your reserves
4 January 2018 | 13 replies
I bounce around various banks that give sign-up bonuses.
Neil S.
Sales Job Loan Problems?
18 January 2018 | 7 replies
@Neil Schlimgen I can answer this question will very precise information.With a "conforming, conventional" loan (loans governed by Fannie Mae and Freddie Mac) they will require you to have 2 years of commission and bonus to use that income.
Luke Carl
How Often Do You Pay Your Housekeeper?
3 October 2017 | 17 replies
I'll occasionally send her a little "bonus" out of the blue and of course a holiday bonus/gift.