Chris M.
Self-employed seeking a mortgage - but how?
Hey guys, the past few years have been frustrating for me - I am self-employed and qualify in every way for a mortgage except for NET income because I write off a lot of expenses for tax purposes. Being in a tough ind...
Andre O.
Self-employed and just graduated College. How to get financing?
Hello everybody this is my first post on the BP forums. I started a business during my last year in college of which I just graduated this past December. I am needing a ~300k loan to invest in a Duplex in order to ren...
Colin C Barrett
Tenants storing on property yard
I have tenants storing metal for sale, beat up in-door furniture, toys, bikes, a grill all around the ground of the property (front, side, backyard). In what method and how long do I have to give them before disposing...
Anand Narayanan
Urgent Help Request!!!!
Hope you can help me with some advice here! I am trying to sell one of my single-family houses in the area. Everything except window replacement will be done in a week (already spent 2-3 weeks so far). From everything...
Doreen M ODonovan
IRS Tax Transcripts Required
The loan was supposed to close tomorrow but been waiting for final loan approval. Today the lender asked for tax transcripts. Went to request them on the IRS website and got locked out. Can't verify because they want ...
Adriel Cisneros
My First Property in Illinois
Investment Info:
Condo buy & hold investment.
Purchase price: $116,000
Cash invested: $7,654
Property is part of a larger apartment complex in the northern Chicago suburbs.
Description is rathe...
Kate C.
What scenarios lead to a loss- tax benefit
Hello- I have been reading for years about the benefit of being able to deduct $25K in losses from rental properties (and more if you are a real estate professional). The mystery to me- is how do average people get to...
Dan Nah
LLC and Airbnb question
Background: I own a house with a studio on it that isn’t attached to the house. Question: can I get an LLC on the studio only to airbnb it out without risking my home as an asset?
Lacey A.
List a Rental 2 Months Before Move-In?
We know when our tenants are moving out. What are the pros and cons of listing 2 months early? We're in a great neighborhood in Austin.
Matthew Kirkwold
Understanding Applicant's Credit Report
I am trying to understand a credit report I am reading for someone interested in my property and I am aware that the applicant went through a recent divorce. The score is a couple points under my minimum for qualifica...