Norm Kopesky
Rolling a 1031 from a tic, into a multi member LLC
I am part of a joint ownership structure on a large multi family property, several of the owners have used 1031 funds to join our project and we are wanting to roll that project into 1 LLC, with all of the original ow...
Kenny M.
EIDL loans and purchasing fixed assets
I was talking to someone and she said if a company receives any EIDL loan they cannot purchase any fixed assets during the time you have the loan outstanding. Should this be true, what happens to people who have the l...
April Zarling
FHA Loan and self employment
Hi All! I know there are tons of discussions about FHA loans and self employment and I have tried reading a lot of them. I had read somewhere that FHA lending requirements can accept less than 2 years of self-employme...
Mark Stewart
LLC vs Personal Accounts
I'm selling a rental property I've had in an LLC for several years. In June, I deeded it back to myself in order to take advantage of a 1031 exchange and be able to use my earned income to qualify for the purchase on ...
Nathaniel Hernandez
How to get approved when debt to income is high
Hello everybody, I'm trying to purchase a second rental property to hold but my debt to income is high because Im doing all the loans under my name alone. I own a single and duplex and I would like to purchase another...
Victor O.
Buyer Recourse for Ernest Money
Hey BP!My very first post here! Anyways, here goes. I think I already know the answer, but figured I'd double check anyways.My question is with regards to how Ernest Money is to be handled in a specific situation: An ...
Don Pham
Recently Self-Employed: What income do lenders look at
Hello!TL:DR What income do loan officers look at? Total, Adjusted Gross, or Taxable Income?More in-depth: Should I file as sole-proprietor and reduce my tax liability by reducing my adjusted gross income (pays more SE...
Denise Aguirre
Looking to lower my Interest rate
What mortgage company do you recommend to refinance the an investment property?
Susana Rojas
Baselane product review (banking/software solution for individual landlords)
Has anyone used Baselane (baselane.com) as their banking/financial software solution? Seems interesting as a 1-stop shop for individual landlords. Would appreciate folks' opinions on the platform or on any alternative...
Amir Rezk
Finding the Right Buyer!
I work for an Acquisition Firm Selling Distressed Properties. I know each SFR is unique in it's own way, and each property has a unique buyer that is perfect for each specific situation and is able to take on the chal...