I'm partnering on my first flip with an experienced investor. I'm providing capital in exchange for percentage of sale profit. Following the sale, I should net somewhere around $20,000. I need to know, if he reports t...
BP Community,
In this blog post, I'd like to discuss my situation as a self-employed individual seeking financing for a new construction project on a triplex in Charleston, SC. Despite having a credit score over 70...
Anybody have any references were I can look into more information about using your 401k to investing in real estate?
So - I have a bunch of cash tied up in a property that is under contract. Supposed to close on Friday and the buyer is having marital issues. Might have to go back on the market.
In the interim - I am under contract...
Hi Guys,I am 72 hours away from closing on a home, and my mortgage company is demanding a "comfort letter" attesting to my self-employment. The CPA who filed my taxes won't touch this and they just rejected another CP...
I spoke with my lender last week and he told me that as of I believe June 4th or so, Fannie edited their guidelines and it is basically impossible for a self employed (no W2) person to get conventional financing right...
Hi All! My husband and I have been presented with an amazing off-market opportunity to purchase our neighbors home in a highly desirable beach community on Oahu. This is home is truly our dream home. Unfortunately, le...
I am looking at putting money from my work 401 K into a real estate 401 K. What are the advantages of doing this and does anyone know of a good provider
Hello, My name is Neil and I live in Colorado Springs where I run my own manufacturing business. I own 2x 10K foot buildings that are leased to the company. I have just purchased my wife's grand parents home (now de...
Has anyone ever tapped into their 401k to begin their career in REI? I currently have a 401k with a little over 100k. The retirement fund is mostly made up of employee contributions, employer contributions and defer...