Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (8503)
Joshua Rowland Which number does the mortgage lenders look at (DTI)? *noob ques*
12 October 2021 | 2 replies

Hey guys, I believe for self-employee income the mortgage lenders use your net-income to qualify you for your DTI? Which number would this be on the screenshot below?

Brandon Duff Do I have to wait till next year to invest?
25 February 2015 | 14 replies

I own my own business and as many self employed people do, they write off as much as they can. I've learned lenders don't like this.My W2 is $25,000K1 is around $11,000Car payment is $498Credit card #1 is $15 minimum ...

Svend W. How firm is the 2-years of income rule for self-employed people?
20 October 2020 | 5 replies

Hi folks
I'm interested in pursing REI opportunities in small multifamily, but recently switched from W2 employment to self-employment. 
My impression is that the rule of thumb here is that banks want to see 2 years...

Toby Real How do you build a portfolio … as a newbie?
18 August 2020 | 4 replies

I’m a newbie here and eager to get started in real estate…
I’m self employed and looking to start flipping houses.  I know that the biggest change will be to get financed, without a W2 ( Even though I now there are p...

Junji Yokota Lender for self employed?
1 December 2022 | 25 replies

Are there any lenders for small business owner? Im trying to buy my first home and looking for lender can pre approved by using the business incomes instead or personal income since I take small pay and put everything...

Nate Truxel Self employed and trying to get a loan
25 February 2021 | 7 replies

I am currently self employed since March 2020. After trying to get a mortgage to purchase a house for myself I was told mortgage companies won’t approve me until I have been self employed for 2 years. I am wanting to ...

Jeremy England Reducing tax liability with f/t work and one rental property
25 February 2020 | 1 reply

Good morning all, so I recently did my taxes.  I used Turbo tax deluxe.  Anyway, it was a good year money wise.  Better than usual obviously because we owe the IRS about 2800 dollars.  I have 1 rental property and bel...

Matt Smith Accept or deny?
30 October 2014 | 6 replies

Tenant sent me an application to rent my property:- his income is $18K/year but the rent is $3.1K per month! - but….tenant has a local business and said he doesn't pay himself much salary- tenant is willing to pay 2 m...

Marty Telschow Interest Rates and the affect on the Rental Market - What is your take on it?
24 June 2015 | 1 reply

So with the Fed eluding to a rate hike in the near future,,, maybe.  I am curious what everyone's opinion is on how rising rates will affect the rental market.  Will it spur a flurry of buying as everyone is afraid th...

Chad K. How to get a approval for a home loan if your self employed?
21 April 2015 | 9 replies

Hey I currently wholesale in charlotte,north carolina with dreams of one day buying a house. However from my understanding being self employed can cause some obstacles in order to be approved for a home loan. I was wo...