Quandra Adams
Verifying Waitress/Server Income
Do any of you ever require any supplemental information from servers or waitresses to corroborate their income? If so, what else do you ask for? Tax statements? I know servers can do pretty well making tips however I...
Tim Wilkinson
Income verification
Hi all,I have a prospective tenant (a couple) that are both self-employed. Both parties (unmarried) gave me a copy of their experian report: 738 and 698, which is a good enough score, but I didn't pull the reports. Ho...
Logan McNay
I could put 80% down, will the bank give me a loan?
Hey everyone, first time poster from Wichita KS. I'm 22, looking at buying a first house. I don't have any prospective homes in mind yet, I'm curious to know what you think I'd qualify for.
The Question:If I went to ...
Nathan W.
Dropping 2 year requirement for qualifying rental income
Hey all, I have a question about the requirement that necessitated 2 years of rental history to be shown before allowing that rental income to qualify for a conventional loan. I may be misstating this, but I think th...
Yun Han
Deloitte vs Local CPA: Which Tax Service is Best for You?
Hey everyone,
I have a question about tax services that I'm hoping to get some advice on. So, my employer is providing Deloitte tax services for me this and next year, which is pretty cool. However, I've only ever wo...
Rich Hupper
Lets hear from the self employed
On this forum ive noticed a good chunk of people have w2 income who are investing for the first time or becoming seasoned investors almost ready to give up their w2 job.It seems like it is easier to get started in the...
Julie Hill
Five year strategy...
My goal is to own 40-50 properties (or doors) within 5 years. My overall "why" is so I can finally sell or dissolve my company and live off these rentals for passive income. The question now becomes... what strategy...
Dan Stewart
1099 won't qualify me for an apartment
Hey Guys,So I have been working for myself and other the past 10 years. I make 95% of my money during the summer. I am either 1099 by people or get paid cash under the table which I put towards my business. I also hav...
Mike Doubek
Screening for verifying self employed income/section 8 inquiries
Hi everyone, I am currently in the process of getting ready to rent out my condo but have been a bit overwhelmed with the screening process. As it stands, I have a couple who are interested and have filled out the ap...
Chris M.
In a really tough spot - uncertain what to do - advice needed
Hey guys, so we have a closing scheduled for this coming Monday, and I need to wire $24,000 to the closing company for this house today (Friday) to have the funds reach on time for the closing. This will be my first h...