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30 January 2025 | 34 replies
New tenant security scheme that only benefits Suncoast and the tenant - leaves owner paying up at move out.
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9 January 2025 | 12 replies
It’s astounding how many fake documents are circulating today—you can find everything from fake references and stolen Social Security numbers to falsified income documents.To combat this, we rely on tools like Plaid, Verifast, and Snappt, which are excellent for verifying financial information and detecting fraudulent activity.
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22 January 2025 | 12 replies
Possibly using mortgage/home equity loan on one unit we own to buy an extra one.3.
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17 January 2025 | 4 replies
Are there specific lenders or servicers that are more likely to call these loans?
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25 January 2025 | 7 replies
Hey Makani, you should check out DSCR loans, which are primarily for investment properties and focus on the property’s income potential rather than your personal income.
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21 January 2025 | 11 replies
The law does NOT apply to landlords:With less then 5 rental unitsThat live in one unit of a duplex and rent out the other unitThat rent out rooms in the home they occupySo, landlords can no longer state in their rental ads, "Section 8 not accepted".The reverse is also true, "Section 8 only", cannot be used.We've always recommended screening S8 tenants the same way as cash-paying tenants.Landlords waiving application fees and/or security deposits only for S8 prospects may also be violating Fair Housing.
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27 January 2025 | 3 replies
We've utilized the VA loan for our current home, and this strategy has worked well so far.
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27 January 2025 | 56 replies
Several have mentioned utilizing low down payment second home loans for qualifying.
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9 February 2025 | 36 replies
More syndicators go out of business and wind up in foreclosure and/or lawsuits to enforce loan guarantees.