Robbie McCarthy
Refinancing with no W2.
I have a substantial cash sum in a money market account from a company sale. Against this I have a large LOC to use to purchase high ConC rentals and high potential flips. I have no W2 income. I get income from a cons...
Josh Smith
How to get a loan with no income source at the moment
Hi, I’ve been on BiggerPockets for about two years now. I am 23 years old and I play baseball in the New York Yankees organization. I signed a contract in 2019 with the Yankees and ever since I had my own money, I’ve ...
Marichelle Lao
refinance 8 yr old out of state rental without source of income
I purchased my rental 8 years ago and I've been continually receiving refinance offers from my mortgage company. My rentals are less than what i paid for them but they are being paid by the tenants with a cashflow of ...
Dan Perrott
Indianapolis Council Proposal 215 - adding "Source of Income" to the discrimination list
This month the Indianapolis Council is to consider City Council General Ordinance No. 215. This proposal will require/mandate that all Landlords accept Section 8 vouchers and be subject to rules that go along with th...
Mindy Jensen
How Do Capital Gains Taxes Work on Seller Financing?
A friend is considering selling a duplex purchased at the bottom of the market. They're not interested in a 1031 Exchange, they want to sell and be done with investment properties.They are not opposed to seller financ...
Gabe J Schwarz
Closing and mortgage verification timing + mortgage w/o income
Hey Folks,I'm looking to purchase my first investment property and I'm on a bit of a tight schedule because I'm looking to leave my current gig towards the end of July. I have plenty of wealth in investment accounts t...
Joy Page
Tenant Selection Strategy
What is you strategy for selecting tenants? I've reviewed credit history, background checks, and income sources. Do you accept tenants with evictions? Collections? Do you have a base credit score for acceptance?
Giedre Basov
Looking for a tax accountant
Hello, I know it's late in the game... however, am now addressing the issue. Looking to find an accountant who works with investors and agents. I'm looking to do my personal taxes as an agent with various income so...
Ryan Lowry
Should I start flipping houses or buying rentals
What would be the best strategy to use. I do have a construction background that will help with flipping houses. Also I am about to graduate college so advice on good locations to buy and sell investment properties wo...
Paul Jump
Advice on owner occupied NYC multi family search
I own about $750,000 of stock in a single company that I would like to liquidate in the next year or two (I was an early tech company employee). I am also paying about $4,000/month in rent and need more space (growing...