Jason H.
1 year tax return for conventional mortgage
A few weeks ago I left my w2 job of 7 years to start my own electrical contracting company. My biggest concern is showing enough INCOME for 2017 (when applying for conventional mortgages in 2018) to be able to qualif...
Alvin Mercer
Help Funding First Commercial Deal using business income!
Hi I purchased a card operated laundromat that has really good gross cash flow(~20K per month). I also have an option on the property in which it is located plus an option on an attached parcel of land. The property...
Eric Eickhof
How to Pick a Good Tenant
Without a good tenant, your rental is less than worthless. Your life is going to get eaten up with complaints and errands, you’re not going to be able to count on rent, and I wouldn’t wish going through the eviction ...
Donald Lowe
Alabama tax lien over the counter
Good morning all,I know the Alabama law on tax liens is still relatively new. My question pertains to counties that are participating in the new lien format. I bidded on a parcel and won a lien this year. Apparently, ...
Neel P.
Will an SBA 7(b) Disaster Biz Loan prevent me from qualification?
I got approved for an increase in the disaster loan to my business (I'm self employed) by the Covid 19 Disaster Loan program. This is a 3.75% 30 year repayment loan to the business.
Because it was over a certain $$ a...
Robert Richardson
Buy and hold single family homes near Chicago.
Hi all, I'm Bob and I am looking at single family homes for buy and hold real estate in the suburbs of Chicago, more specifically DuPage county. I've been watching a lot of videos and podcasts here on BP and I went t...
Connor Mather
Mortgages for Travel Nurses
Lenders,I am hoping to connect with a lender in NC who understands and also works with travel nurses. For those of you familiar/unfamiliar with how travel nurses are paid I will explain.Travel nurses taxable hourly ra...
Devin Gordon
Help! Help! House hacking deal
Hey everyone need a little help, I have watched everyone break down and analyze multi family deals but cant find many examples of a house hack analysis. If your living in one side how would you determine vacancy, repa...
John Hole
De Minimis Safe Harbor and Safe Harbor for small taxpayers
I understand that the De Minimis Safe Harbor is for real properties that are less then $2500 each and Safe Harbor for small taxpayers is for improvements that are no more than 2% of the cost basic or $10K whichever is...
Bil Casimir
Closing Cost
I am thinking about purchasing house 30k and the ARV is 60K needs 12k in repairs. Any idea what my closing cost would be and any other cost I need to know? Thanks Guys