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...
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...
Hi Everyone,I currently have a 401k through my previous employer with about $65k and would like to put it to use in my house flipping business. Is it possible to self direct those funds towards my business in anyway? ...
Hello All, My wife and I are taking the first step in our real estate journey and buying our first home in Tampa FL. We have about 10k saved and will be taking advantage of the FL down payment assistance program and ...
I am recently self-employed (6 months) and having troubles finding financing for a new residential rental property due to income and not having 2 years worth of self-employment. I am located in Chicago and purchasing...
I'm currently considering moving from my position as a contracted employee to a job where I would be a W2 employee. How long should I wait after the job change to look at applying for my first mortgage?For context, I ...
Hello! I just applied for an FHA loan to purchase a duplex that I intend to live in. I thought it wouldn't be a problem, but the loan officer was not too positive. I've been self-employed and living in the same pla...
Hello All!
This post is part introduction, part employment idea request.
First, an introduction. My name is Cam Stewart, and I am currently a 2nd year MBA student at Boston University Questrom School of Business whe...
Hey BP, I’m a self employed full time musician getting into real estate investing, and was wondering has anyone else started out already technically “free” from a 9-5 job? How can/should/will this possibly change the ...
Hello All, I am new to investing and trying to fund my first property. I have found a condo that I would like to purchase as an investment property and rent out as a vacation rental. The asking price for the pr...