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...
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...
We are new and excited about the next journey in our lives.Right now its all about Education, Education and Education!!!!Loving Bigger pockets
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...
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...
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...
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 ...
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...
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...
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!