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I did a search and didn't see this specific situation covered. I am hoping to find some insight on this.We currently have a SDIRA. It has worked out well. However, there are a few limitations that have led me to resea...
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I am hitting a wall with Portfolio Lenders in Massachusetts. Although their loans are in-house they follow the Fannie Mae guidelines and the one I can not overcome presently is ... 2 years of self employed income h...
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We are new and excited about the next journey in our lives.Right now its all about Education, Education and Education!!!!Loving Bigger pockets
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Hello, folks. I made the transition to self-employment in 2018. Recently sold a house for a nice little profit. I already own my primary residence out-right (paid cash) and have one rental with a note. Thing is, I’d l...
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One of my requirements on a rental I have listed is 1 year of employment in current job. I have a couple potential applicants who are moving to the area and reached out about my property. My question for those with si...
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Hello BP members thank you for taking the time out to read this! I am going to be in the market in the next 6-8 months to buy a property to live in and I am trying to figure out exactly what banks would like to see fo...
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HelloI have 401k from my previous employer and instead of maintaining a SDIRA I wish to invest in real estate perhaps on a owner occupied multi family if that's feasible( if not at least on an investment property,) I ...
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I am a real estate investor who is getting more into buy and hold rentals. Being self-employed, I try to legally write off everything I can to reduce my taxable income. That said, it seems that funding options are l...
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I spoke with my lender last week and he told me that as of I believe June 4th or so, Fannie edited their guidelines and it is basically impossible for a self employed (no W2) person to get conventional financing right...
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I have rental applicant who is self-employed. He works as a freelance blog writer. I am not sure in the stability of this career. Anyone has any thoughts? Thanks!