Noureen A S.
Cash-Out Refinancing: Difficult for the Self-Employed?
After I've owned my first rental for a year, I hope to cash-out refinance the property (rental not purchased yet; still in analysis phase).But I recently (read online) that cash-out refi's are difficult for the self-e...
Caleb Curry
How to Buy Primary Residence When Self Employed?
Hi everyone. I'm trapped with an expensive mortgage. I can't find anywhere to live. Here's the back story...I've been partially self employed for the last few years but have just become self employed full time this ye...
Joshua Smith
Need advice for finding employment as an MLO
So a little background on me..I live in the northern Virginia area. I am a full time career firefighter. I only work (8) 24hr shifts a month leaving me time for other ventures. I recently obtained my Mortgage Loan Ori...
Brandt Tingen
Self-Employed Owner-Occupant 2-4 Unit Loans
Hi All,FHA loans are great for owner-occupants with a W2 job, but can be prohibitively restrictive for those who are self-employed or run small businesses. Have a borrower with excellent credit, cash reserves, track ...
Michael Lyons
Is the "employer-landlord model" making a comeback?
I recently saw an article on Bloomberg that talks about the re-emergence of the "employer-landlord" model. I'm just curious about the community's thoughts - some initial questions in my head: With rents increasing and...
Tamara Dioubate
Need a CPA for REI with W2 employment
Hi BP Community,I've already filed my 2021 taxes but I want to connect with a CPA with experience in real estate investment filings in the New Orleans area to prepare for 2022. We are focusing on purchasing a multifam...
Ethan Brown
Househacking into a second property - no employment income
Hey everyone! So I'm sort of projecting into the future here. I have purchased a home and secured 3 roommates, renting their rooms $800/month each. Purchase price of $266K. Recently renovated and I don't foresee any i...
Royce Wright Jr
Self Employed 1 year - Trouble Getting Approved/Financed
I am very new at this whole thing - so be easy but direct LOLI haven't had a W-2 in around 2-ish years. My single member LLC has been active since Feb 2020, but started actual work in Dec 2019 with a VERY small amount...
My Nguyen
Primary Residence at 6.125% rate for self-employed
Hello Fellow Investors, Is 6.125% for 30 year fixed mortgage rate too expensive for primary residence right now? We have to put down 50% down payment in order for the DTI to be below 50. My husband and I are self empl...
Christa P.
Newly *only* self employed, need approved for loan
I have had a rental real estate business on the side for the last six years. I continued to work during that time and always used my paychecks and W2s to get financing for each of the properties. As of January I am on...