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W2 vs. 1099 Income for mortgages
What is the best way to qualify for a mortgage with 1099 income? How can you make it look like W2 income to banks?
Craig Garrow
Running a RE Brokerage with no employees.
This whole covid-19 situation has me thinking about the need to eliminate a little overhead and trying to be a little more nimble in our business. So, I’m wondering how many Brokers are running businesses with no empl...
Amy Larsen
Finding the right Brokerage
Hello all!
I am ready to get my Kansas real estate license and further my investing journey! Any tips on working as an independent contractor instead of starting as an active salesperson? And what an inexperienced a...
William F.
Remote Contractor Management
So a typical deal is going to involve various contractors doing work over a few weeks or a month.
Contractor Management 101 is to have a qualified, trusted individual walk the property something close to daily. Payo...
Account Closed
Should my Fiance Get a Real Estate License?
My fiancee and I have been long distance for the last few years, but we're finally making the plans for her to move to California in August. The major issue we're facing is that we don't know what she will do for work...
Keith Lincoln
Dscr refinance from fha sonyma
Here's my situation.I currently live in upstate New York but am looking to move to Texas. Me and my wife currently have a sonyma fha loan.I have no other dti except for my mortgage payment. She has our mortgage paymen...
Mike Lynch
Confused about 1099's and Taxes
I do not have a house flipping business. My wife and I bought a home and are rehabbing it using our own saved money. We had all intentions of living in it, but due to rehab costs and other new decisions, we are now go...
Bruce N.
How to deal with informal labor/help 1099, Workers Comp
I like to have help when needed, but don't need regular employees. The problem is I don't like the risk of going without workmen's comp insurance. I've searched the forums and not really found an answer. If I'd lik...
Dalton Shepherd
100% financing possible for str?
Hello all,I am trying to figure out a way to get this deal done and what my best options are for financing with $0 down, sub-par credit, and being a first-year independent contractor. I realize I have a lot working ag...
Neil Raj
Canadians investing in the US
Hi all.Not sure if this is the right category...if not, apologies in advance.I’m from Canada and new to re investing...especially in the US.I want to buy 1 property to start and build out from there. My question is m...