This helps ensure you can manage payments even if the property isn't generating income right away.Given your situation, if you're aiming for an investment property and have about 3 months of PITI saved up, you're likely in a good position for a conventional loan.

Mine and my SO’s annual income gross income together comes out to around $148,000.

However, financial freedom is not simply replacing your current income; it requires maintaining your current lifestyle for life.

All corporations and limited liability companies doing business in Pennsylvania are required to pay corporate net income tax."

Discover how partnering with CityFHEPS can not only boost your rental income but also contribute to providing safe and affordable housing solutions.

For this property, you would be wise to incorporate the income from the other units against your debt service to make the property more attractive to lend on.

It has to be possible my son deserves a dad who's around to enjoy life with him and with an income to give him the life I never had.

You maybe able to do a cost seg(needs to be done by a professional) and get bonus deprecation BUT you maybe not able to use it since you would need to be real estate pro or materially participating via the short term rental loophole to do so against your active income.

I found my contractor is registered as a foreign profit corporation in North Carolina.

I talked to two asset protection companies, Prime Corporate Services and Anderson Business Advisors.