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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...
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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...
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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...
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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 ...
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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...
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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...
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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 ...
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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...
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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.
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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...