Hey Jay, DSCR loans require decent to excellent credit. 650 is the minimum score with a handful offering as low as 620, but you must compensate with higher reserves and experience.

.- The employer contribution for SIMPLE IRAs is either a 2% non-elective contribution or a dollar-for-dollar match of employee contributions, up to 3% of compensation.

I talked with my loan officer and she could only approve me for a loan based off my salary even though my total compensation is double that.

You take a risk which could result in cancellation of your title insurance and complete loss of your real property without compensation in the event that a title issue regarding your real property arises.Contact your title insurance company to determine coverage and if your policy does cover transfers , and when or how.As for more specialized advice on the LLC and your questions, contact @Scott Smith, he should be able to give you professional advice.

The individual is unable to pay the full rent or make a full housing payment due to substantial loss of household income, loss of compensable hours of work or wages, a lay-off, or extraordinary out-of-pocket medical expenses;4.

By the way you should know that if you even make a phone call to enquire about a claim it counts as a claim even if you don't actually go ahead and get compensation.

If your agent finds a deal, make sure you compensate them on the purchase/sale so you can build a relationship. 5.

Hi Richard, In order to successfully utilize FHA financing on the purchase of a multifamily there needs to be some compensating factors that make sense for the underwriting scenario (i.e. are you relocating for work, are you relocating for family needs, are you looking to become NH residence for another purpose?).

Hey all, I am curious as to what you think is fair compensation for listing an MTR and sourcing a tenant for an MTR rental.Would you consider a % of rent during the time of rent period or a flat fee?

The CPA will be compensated for referral, just not sure of best method.