ANYONE Experiencing THIS SAME situation -We may see MORE of these moving forward in the Inflactin dirven Bidenomics Paycheck to Paycheck Economy This property is CA - Estimated ARV $525K to $550K +/- 1st lien was modified several times (TWICE) to TRY to keep the Debtors in their house.

If ownership is the same as Partnership B, then we're looking at two separate K1s which is a pain.

And yes, we’ve heard the same—and nightmares! 

Even with conventional loans, unless you've been self-employed less than two years or don't report your income, it's the same as someone with W-2 employment We lenders just cash-flow you differently.

At the end of the day, if I need to wait for seasoning, it won't be the end of the world, but it would be nice to not have to stick in a hard money loan for 3 months+!

Its hard for you to claim in court that you didn't intend 10 days.

We totally get the premise behind the Brrr method but at the same time, if you can utilize the same cash principle to buy a bigger, better rental house that will appreciate well over time due to location, wouldn't it also make sense to consider using the cash house equity for this bigger location house to be refinanced later at a lower rate and take the equity out of the better location house then and use the equity later?  

That’s the same as qualifying for a $600k loan.

And I am not sure if that's because luxury property rentals just don't have the same ADR here in comparison to other markets - in a lot of other markets even as far as West Virginia in harpers ferry you can easily charge $800+ in those markets, whereas inWe haven't purchased the area in Airdna or Pricelabs as we are just looking at the data at a high level right now before we commit to that one area since we are looking at a couple of other properties too.

They’ve made 7 years of ACH deposits on the 1st of the month, regardless of day, for zero charge by their bank or WF.