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Results (10000)
Sophie Sawyer $100k income in W2, but $0 on tax return adjusted income
9 July 2017 | 12 replies

Can I take out mortgage loan given:

I have a stable $100k W2 income from my employer, but opened an LLC this year and am projecting a loss of $200k in the first year. This loss is expected and not a problem. However,...

Christina Lucas Hello, I'm looking for some ideas around how to get at some of my
18 December 2016 | 1 reply

Hello, I'm looking for some ideas around how to get at some of my building's equity which I'd really like to use for a condo conversion and maybe also to fund a new business venture. Glad to be here! Looking forward t...

Monica Ortiz Type of Investor and is my situation common or not common?
8 July 2016 | 9 replies

Hello! New here and came across this site after trying to find a way to finance a house that I eventually want to purchase. We have lived in our current rental for a year but the owner now wants to sell at the end of ...

Brad Helmandollar Using Sub 2 for primary residence
28 October 2023 | 6 replies

Hey all,I am working with a seller who wants nothing to do with her house anymore, there is a mortgage on the house still. She is wanting to just give the house back to the bank and take the hit. Obviously nobody wins...

Senai Gebrekristos First Time Home Buyer using Living Trust to Qualify for FHA Loan
27 September 2023 | 9 replies

Hope someone can help give me some clarity on this! I'm a first time home buyer looking to buy a duplex in expensive LA county. I'm going through FHA and I have heard that you can use your living trust as proof of inc...

Hamilton Sutton Live in Renovation with Friends?
29 January 2019 | 6 replies

Hello,So I've been out of college for about 2 years now, living in the Denver area, and have been looking to purchase a live in renovation with two close friends of mine. I will try and provide a brief summary of our ...

Dave Kennedy Owner occupant (203k clarification)??
19 February 2011 | 2 replies

Anyone know what owner occupant really means in the 203k renovation loans?

I am thinking about buying a house that needs some work. I'd be going 50/50 with a friend and right now the best option looks like the 203k. ...

Craig Risser Cash Reserves for Mortgage
27 June 2019 | 5 replies

Hello everyone,Getting my down payment, closing costs, and cash reserves lined up for my first investment property come January.But today I read that lenders also want to see six months of cash reserves available for ...

James Keeton Rate and Term Refi After Hard Money
30 August 2024 | 6 replies

Long-time reader, first time poster and investor. In the middle of BRRRR rehab with hard money financing purchase and some of rehab. Plan to eventually cash out refinance with conventional loan in 12 months, but looki...

Drew A Roque Pay off student loan right now... or buy first property?
17 January 2019 | 50 replies

Hello Everybody!

My name is Drew Roqué, 22 years old, and I am aspiring to be financially independent! I graduated from a Maritime Academy with a 3rd Mate’s License and I am now working for a shipping company. To mak...