I will be a 1st time home buyer , when getting a loan from a bank how do i show them proof of income from my 1099 form/s. I work at my brothers business as a independent contractor , he has an accountant for this bus...
Hey everyone, my ultimate goal is to own apartments. I keep hearing that folks go to the bank with a "portfolio".My current plan is to buy and hold small multi- family homes for the next two years before looking for l...
Hello everyone this is Jason from Central Florida. I would like to get some feedback from everyone about financing. My credit is low in the Mid 600's and i am self employed , my yearly income is under 20k when i do my...
Who has purchased a rental property with a tenant already living in the property? Any issues you ran into? My current thoughts are to do the following:Ask questions of the seller (reason for selling, etc.)Have a home ...
Hello,
We’re relatively new to a neighborhood and have made our house look like one of the best on the block with the combination of shrubs, annuals and perennials. I get this is subjective but it’s pretty much an ob...
I will be closing on our first investment property May 3rd and I'm going through a large real estate agency. I bought the house for $85K. I'm told its estimated around a $5,200 close and of course I asked all the ques...
We have a condo we're looking at leasing to a company for their employee. The company will sign the lease, with the employee listed as the tenant. Do we need a guarantor listed as well? The company's legal counsel has...
I'm trying to place 4 bids with HUD and they are requiring a proof of funds letter. Is there any suggestions on how to get one.
I have two 3-family homes and 1 duplex, none of which trigger the commercial loan requirement. I am interested in going bigger - anywhere from 5-12 units, and anywhere from one building or multiple homes. I understand...
Hi all! This is my first post here on BiggerPockets.
I've been thinking about a few things, and had some pretty deep conversations with a friend who is fairly wealthy, and is building up his portfolio.
Here's my ci...