I have a general question about purchasing a multi-family with 5 or more units. I've heard from a few sources that banks will not question your income when looking for a loan on this many units. For example, if I were...
Hi all... We have bought all of our rental propertes with conventional loans and now have a more difficult time getting loans due to the fact that we have so many mortgages in our name. The lender we use has pushed a...
I have a small condo that I short-term rent in the summer months. This is my first winter as the owner, so I decided to try and get someone in during the off season. Being only 20 minutes from Portland, ME and Maine M...
i need a good accountant as I need to file some back taxes and get up to date. I do believe i am operating under mostly losses for those years, but .. i need to file and get myself right. So far I have gone to two acc...
If I set up a Solo 401K now, can I transfer IRA assets from an old IRA I established 2 years ago into the new 401K? I'm referring to an old IRA that holds stock mutual fund (say a Janus Fund). Or is the Solo 401K o...
Morning all,
Ok so here is the deal.. I have a cash buyer that is willing to pay whatever fees I would like as long as the numbers make sense to them. His only requirement was that my fees show on the "sellers side" ...
Sent over a P+S agreement to the seller (through our brokers), which was verbally accepted, but the seller didn't want to deal with my big-named bank (I've already secured a conditional approval from them on a residen...
Hello Friends, I purchased a house in 2017 and lived there for 4 years as my homestead's primary residence. Following that we moved out and turned it into a short-term vacation rental around April 2021 and the last ye...
Hello, I’m currently in the process of getting a pre-approval to purchase A apartment building. lender is asking for a Resume updated (for experience level). I have no experience with MF properties. I own 1 Single fam...