Corbin Jones
Employer location verification for home loan
I currently work in central NJ, but our office has been closed and I’ve been working remotely since mid-March. I would like to purchase a home with the interest rates being so low right now. Without a doubt, I want to...
Karen Jou
Self-employed (CA) seeks mortgage loan for investment property
Hi there,I am currently self-employed almost 8 mos now which presents some problems in qualifying for a mortgage loan. I have the down payment. I have a property manager who has managed my other home for 5 years now. ...
Jay Morrison
Changing jobs in the middle or mortgage approval ?
My company is doing layoffs and mine is one of them. It is happening this week.But I saw this coming from rumors and I was interviewing already.I have a new offer letter already and will receive my first paycheck for ...
Chanté Owens
Self-Employed & Securing Mortgages
Hello BP Community!
I've been reading a lot here, and I know there are some people who are self-employed here; however, I am curious about how funding has worked for those who are self-employed with one or ...
Michael Slockers
401k and solo-401k 2019 limits
Hello all. For all the following, please note I am under 50 years old!
If I am understanding correctly, the current maximum contribution for the 2019 tax year for your (single member LLC) Solo 401K is $19,000 as Empl...
Christopher Sica
Where to get money
Hey All,
So I have been looking at property here in Austin for a while. I have figured out that I am ready to purchase my first duplex and have found a few that cash flow and are in areas I consider sound.
...
Shaun Weekes
7-29-17 Fannie Mae is coming out with DTI up to 50% back end
Fannie Mae's new DU version that comes out 7-29-17 has a few changes that are going to help investors. The main one is the fact that DTI will now be potentially accepted to 50%. Freddie Mac has had this for some tim...
Matt Lenzi
New AirBnB’er.. question with schedule c and tax benefits
Hi All! Still trying to lock down a tax pro who is familiar with the STR strategies, but in the mean time- I’ve got some questions. I just started my AirBnB, it’s a full time investment property. According to most ...
Nathaniel Crawford
Mortgage Loans For Travel Nurses
Hello, Is anyone aware of a mortgage program designed specifically for travel nurses? I know such programs exist for doctors,, however I can find anything for nurses.Thanks,Nathaniel
Joe P.
How much should I spend on tax planning?
I own a business flipping vacant land properties so according to the irs I am a real estate dealer and my income is taxed as ordinary income which includes the full 15% self employment tax. I recently found out about...