Tinley Jones
Can I qualify for a mortgage with less than 2 years employment?
Hello,
I'd really like to purchase a duplex soon. I just started speaking with lenders. I am nervous to apply. I am a first time buyer. I do not have 2 years at my current position. I've been doing leasing with a pm ...
Account Closed
I am not self-employed but want a Self-Directed 401(k) - ??
I am interested in transferring my 401(k) from my previous company into a Self-Directed 401(k) - NOT a Self-Directed IRA - for the purpose of investing in cash flowing rental properties. However, I don not have a busi...
Kevin Wang
How to verify income for self-employed? First time landlord needs help!
Hello, I am a newbie landlord and is wondering how to verify income for self-employed people? Tax return? Please advise!
Account Closed
What kind of lender do I need? Self-employed, small loan amount
I am looking at a piece of property that will cost about $65K. I can put down $30K but would like to borrow the rest. This will be my first real estate purchase and my first loan. I am unsure what kind of loan I sh...
Stephen Anderson
Self Employed w/ $40k to invest, looking for MFs, land or laundry
Hey BP community!I’m a new member, and new investor looking to get my first deal on the books in 2019. Thanks to everyone on these forums for sharing your knowledge and experience, it’s given me the motivation I need ...
K Luu
Side self-employed business to be eligible for a solo 401(k)?
Hi BP, I'm new to the forum, and have a question about converting a traditional 401(k) into a solo 401(k) with checkbook control to be able to invest in real estate, and what constitute as self-employment to qualify f...
Jeff Nichols
Can I file electronically if my employer had to correct a W?
Earlier in the year my employer submitted my information for my w2 but it had an error on it. By the time it was noticed we were in the middle of the Covid crisis and the IRS was backed up. Because of that my employ...
Mylie Na
Do I need to pay self-employment tax on my rental income
Hey, I and my husband both are w2 wage earners. We formed an LLC and have 3 properties under that LLC and earning rental income
My question, do we need to pay a self-employment tax on the rental income? We pay SS and...
Jeremy Roach
Explain to my employer I need time to finish my first property
I’m looking for a way to present a three month leave from a union roofing job to complete my first fix and flip. That I have to have finished by March 31, 2021. More ways that I can improve my time management to do bo...
Anthony Dang
Quit my Corporate job, now self-employed and ready to start REI
I am 31, I just got married 4 months ago so no kid just yet. I own my primary residence in Orange County California and 1 rental property with positive cashflow in Palm Spring. I am a mortgage professional who just re...