Justin H.
Bank Statement Loans for Self Employed
I am currently self employed and considering a bank statement loan. Two years ago I applied for conventional financing for a house hack situation and was only approved for a small amount due to my DTI being so high. I...
Addy Cash
New investor: $350K investment in real estate
I bought a rental property(single-family house) in Oregon for $350K cash and placed it on rent for $1850 per month. I pay $185/month in HOA and $9000/year in property taxes. I had to make a quick decision with buying ...
Mark Douglas
Documentation Required with Application
I'm thinking about what all I'd like to see come in with a rental app. Here's what I've got:- Copy of SS card and 1 alt. gov't issued ID (Driver's, passport, etc)- 4 weeks of paystubs, or most recent benefit letter s...
Nicole Duran
Cost Segregation to advance your depreciation payments
Hello BP members. I just discovered a new way to leverage your money and current assets to purchase other real estate and am wondering if its too good to be true and what is the catch. What are your thoughts on Cost S...
Travis Weese
Which should come first: Deed to LLC or cash-out refi
Hi all - this is my first post in the BP forum! Forgive me if it is a non-starter. I am ultimately looking to see if I am forcing myself into a corner from a legal perspective. My first purchase a few years back was a...
Micah Watson
Rolling Retirement Fund into Real Estate Fund
My great uncle was a multi-millionaire who took his own life roughly 20 years ago. He left all living family members individual trust funds/retirement accounts conservatively invested in some sort of mutual fund. For ...
Mark Voss
SDIRA LLC Investment with a Partner?
Greetings BP, I have a SDIRA LLC, with Midland IRA as custodian, that I created to invest in real estate. I have a lender who is willing to give me a non-recourse loan with a 30% down payment in the Bloomington, IL ma...
Isaac Fridmann
Income Approach vs Past Sales
Hey BP Community,First off, I just want to say how grateful I am to this platform. While I haven't yet acquired my first property, I'm way more knowledgeable thanks to the Bigger Pockets community and hope to also be ...
Nick Koukidis
Self-employed and financing
Hello all,I am a self employed contractor in CT. I have been running the family business for 16 of its 35 year history. It amazes me that if i wanted to go to a bank and ask for a loan for a piece of hard equipment th...
Olivia Darling
Is this a Good Deal!
I have a deal that I think is a good deal. I have analyzed this deal already. 3br/2ba mobile home in Arizona, purchase price: $40,000, estimated repair cost:$0.00 (Home has already had all repairs done), ARV: $ (I did...