Account Closed
Excellent credit but self-employed
Hello everyone!My name is James and this is my first post. I wanted to run my situation by some of you, which most of you have more experience than myself, to maybe get some of your thoughts and opinions about my cir...
Chris Welch
Has anyone reverse house hacked for tax exempt capital gains ?
Hello all,I am currently 49 years old and have accumulated more than a dozen single family homes along with some other real estate and investments. I love real estate and it has really helped increase my net worth. I ...
Mark Lawson
Looking for a lease back investor
Does anyone know a good place to look to find some (need one) investors that would be interested in purchasing a foreclosure and lease it back to the owner on a lease purchase. The home can be purchased for $180k on s...
Finnegan O'Connor
Funding a deal without W2 income
Hey all! Looking for some feedback on my financing plan for my first STR propertyBackground info:I have just graduated from college, where I ran a business for the last two years, and am going to continue doing that a...
Harry Campbell
First Time Landlord: Am I Doing It Right?
Hey All,
So I've decided to rent out my property. I'm moving out 8/1 so I listed it on the high side to start at 2k/mo. A guy came in with his girlfriend and looked at it yesterday and the most he can do is 1900/m...
Jackie P.
Losses on Tax Return Hurting New Residential Mortgage
So I'm blown away that after 20+ days of a mortgage lender having my tax returns (with schedule E losses), they now come back to me and tell me that I do not qualify for a new personal residential mortgage because ...
Madeline J.
To use a (self directed?) 403b to shelter money for real estate?
What is the best way to shelter money from taxes and saving for future real estate investments? My employer offers a 403b with no match and I'm not sure I should take use it if that's my goal two years from now, or if...
Tutu Montu
Lennar at Fox Hollow Townhomes in Branchburg, NJ
Hi Guys,Newbie to real estate. How is this deal ? Planning to flip in couple of years. Able to negotiate down a new TH for $400K (actual price $456K with all upgrades). Tax+Hoa ~1200$/monthP+I ~ $1500 (20% down)Rental...
Marco G.
Increasing Rent at Lease Renewal during COVID-19
What have you been/are you planning on doing with lease renewals? Are you renewing at current rates? Going month to month at current rates? Increasing? All my current leases expire end of this month through September ...
Account Closed
Minimum requirements for a FHA loan
Is it possible to qualify for a FHA loan if I have been paid off the books for the past two years? I have a great credit score, I plan on house hacking a multifamily with 3 or 4 units. If anyone could please give me ...