Even if you are filing an extension I have tried to put some things together here that will help you DECREASE your personal tax liability and INCREASE your income for qualifying for a Fannie Mae and Freddie Mac type of loan.This post is designed to help persons who may need a Fannie/Freddie loan on a 1-4 unit property.

Our experience is with LTRs so we are a little hesitant to do a STR given the uncertainty of the monthly revenue.  

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

If you don't have previous rehab experience, I  would recommend not going through a wholesaler or using hard money for your first deal.

. - Experience with growing and scaling a business (Started and grew my high-end tile business.)- Licensed Builder (wanting to build my own MF units)  - Skilled laborer. 

But their loan-signers and experience straw people are nowhere to be found as you stand in court alone.My advice is to get experience first, investors second.

I'm here to learn from the best and hopefully share my own experiences as well.

I'm hoping to connect with Property Managers and Contractors for the following: - Experiences/Advice dealing with the Section 8 housing authority- Get an understanding of cosmetic rehab costs for the area (i.e.

To obtain real-world experience in real estate investment, start by examining homes, researching the market, and putting bids together.Remain Tenacious: Investing in real estate calls for perseverance, forbearance, and fortitude.

No, but.The fact that you ask the question tells me you should have SOMEONE with experience on your side in that deal..