Nathan Grubb
House Hacking and Filing Sole Proprietor or Self-Employed
My wife and I purchased our first how this year. It's a duplex and we are hacking it, living in one of the two units. One of the bedrooms in our unit is used solely as an office for our business-related work (or at le...
Kristen Lavallee
Can I get tenant employment info on an acquisition?
I am under contract for my first commercial building (12 units). I would like to find out (and the bank has asked) whether any of the tenants have been out of work due to covid19. The seller, the seller's attorney, an...
Matt Cruz
Any mortgage options for a 1 year self-employed?
Looking to buy a new primary residence here in NC. Wife has a W2 job and I have been self-employed for 15 months. Does anyone know of any lenders in North Carolina that can work with just 1 years' federal tax retur...
Angie W.
What Questions do you ask when calling employers/landlords?
I have what looks to be very good potential renters. They have no evictions or judgments of any kind and on the application state that their income is more than enough to handle the rent and all other expenses.
...
Chris Reyes
Potential Tenant that will use a Trust without employment
Hi everyone! There’s a potential tenant that has applied for a rental that is using a trust as proof of income, as well as 30 day bank statements. They do not currently have any type of employment. The other tenant th...
Casidy Marks
New Member from Melbourne, FL + Real Estate Employment Question
Hi BP members, I'm new to the forum and the field as well but I've begun listening to the podcasts and am trying to gather as much knowledge as I can before jumping into the deep end of real estate investing! I've liv...
Sam Robbins
Financing, tax questions - what to do as self employed?
Hey!I recently purchased my first property, a 3 bed/3 bath zero lot line (shares a wall with another house but no HOA) in Nashville. I’m fixing it up and planning on renting it. I’m self employed, and had a co-signer ...
Carrie Alluri
Should I keep my REI secret from my employer?
I am still working full time while trying to get started in REI. I feel like I should keep my REI efforts secret from my employer considering I want to quit my job someday to do REI full time. Therefore, I'm hesitant...
Neerav Patel
can't verify past landlord and current employer for applicant
Hi guys,Thanks a lot for all of you to taking time to help.I am a newbie landlord and just had my first applicant for my newly renovated first property.She looks great on paper. She has a good high paying job and eve...
Alex Silang
How does self employed income look on mortgage application?
I'm guessing not good? Does 60k W2 income look a lot different than 60k 1099 income?I'd like to be eventually self employed, but real estate is my primary goal in life. I'm willing to stay at my job if banks hate self...