All Forum Posts by: Ralph DiBugnara

Hi @Tommy Barrow,

Congrats on your first rental. Here's what I would recommend:

Find a tenant- facebook marketplace and Zillow are great free places to find leads.

Switch all utility contacts on time and make sure they're on autopay. The more automated your process is the better.

Find software that manages rental agreements, tenant payments, etc. Appartments.com is a great way to start.

Did I miss anything? How's the process going so far?

Hi @Jennifer Robert,

There is a loan type called 203k which combines the financing of the repairs of a home along with the finance of the property. The best thing to do is to speak with a lender who can tell you, based on your specific situation, what loan works the best for you. What city is the property located in?

Hi @Gil Happy

The best thing to do in that situation is to call/email the county that regulates short term rentals in your specific area.

Hi Cristian,

Here is what you should know:

1. What are your investing/life goals, so you can prepare in the long-run with a good plan that will set you up for success

2. What will be the purpose of the investment, so that you can start looking into lenders who are experienced in that investment strategy

3. What are your priorities when working with a lender, so that you can determine who can be the most useful for you.

It is always good to shop around and interview multiple lenders to make sure you're working with the best. Let me know what you think!

You could invest in airbnb rental properties @Adam Gonzalez

Hey @Dan Cerempei, what are your investment goals? Will you purchase as second home or investment property?

Best of luck @Angelito Mamutuk, feel free to reach out if you have any questions.

Hi @Sara Donohue, how long have you been self-employed and what reason do lenders give you for turning down your application?

Yes, in Lake Harmony. Have you spoken to a lender about financing the units? @Angelito Mamutuk

Hi @Edward James smith, congrats on your graduation. Typically, people have to wait 2 years before qualifying with a specific income. Since you're a college graduate, and if you get a job in the field you went to school for, you don't need to wait two years. You should, of course, speak to a lender to make sure you qualify. Feel free to reach out if you have any questions!