The seller needs moving money, there are oftentimes an arrears that has to be paid on the loan, there are oftentimes HOA fees that are due, there are title costs, there are escrow costs, usually there is deferred maintenance, you have to make mortgage payments out of pocket until you get a renter in there, you have to pay utilities and taxes, and you need reserves in case it all doesn't go as planned.3.

When you guys are filing property tax amounts for rental properties, what figures do you use? 

People should recognize things never get cheaper (which is why now everyone should roth 401k that savings because I would rather pay taxes on it now than in 30-40 years)... 

Maybe depends on value of the house and credit worthiness of the buyer.Also 1st lienholder may not allow, depends on who that lender is and what requirements they have. 

However, one of our objectives is to reduce the tax burden we face on our W2 income.

I have a credit repair team already in play doing what they can to see how far up i can get my score from all three 621,647,661.

I have no pay stubs/proof of income but I do have a very good credit score and 50-75k for a down payment.

Hello AllAnyone know of a bank, credit union and or lending institution that will provide a HELOC on an investment property in VA? 

I purchased it under my own personal name on this first one, cause we were competing to get there quick and my EIN hadn't come in yet.We do our own taxes but I have no clue what to put for this house purchase. 

My goal is to create a scalable entity structure that balances general risk and tax liabilities.