Situation m: 1099 self employed used 2019 1099 form to get ppp loan. Lets say 1099 was 50K so 50K/12x2.5=10416. So total ppp loan amount is 10416Question1:can the loan amount be 100% used for his payroll? Basically 10...
Hi BP.First post! I recently completed the broker associate licensing exam and I'm looking for an investor friendly employing broker in the Denver metro area to hang my license. I have no plans to be a traditional age...
The first step in buying real estate is evaluating the market. When evaluating a market for multifamily investments, one particularly important factor to analyze is employment trends. A strong market must have a track...
Hi, I am 22 and just recently graduated looking to get a house in Orange County, California. Since I was young, I have made money doing side hustles/jobs and have saved since. I now have enough for a down payment and ...
I add Form 1084 with my presentation packet, (W-2, Proposal for Finance, etcetera) when asking for a loan. The commercial loan officers say they have never seen this included. Due to the addition of this form, they...
I'm a small business owner and as such, I am having a somewhat difficult time getting conventional loans. I make enough income, but because the banks see being self-employed as complicated income, it is more difficult...
Greetings,I'm looking for a way around a major refinance snag. I'm in the process of refinancing my duplex; everything is satisfactory to the underwriter (salary, savings,equity, credit score, appraisal, the property ...
Hello,So I'm brand new to REI and in fact cannot truly put the "I" on the end of that acronym yet. So far I have just been researching and trying to take in as much information as possible. I realize that you study al...
Can anyone recommend or guide me to a bank or banks with a good track record lending to Self-employed investors buying properties? Area South-Flordia, NJ, etc...Thank you.
Hello everyone! Just a random question...has anyone ever approached someone from their “full-time” employer (officer or above) about investing/partnering with them on a real estate deal?? I work in finance for a compa...