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23 May 2024 | 5 replies
Within a year my wife and I acquired four multi-families properties with a total of 20 units, and eventually another building to rent out (currently a bait and tackle shop) as well as an Ice House.
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25 May 2024 | 18 replies
You can look at a conventional cash out refinance which uses your employment and income as well as DTI to qualify you...or if that is an issue, then I'd suggest a DSCR loan.
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24 May 2024 | 12 replies
When taking applications, should I charge a fee to cover background, credit, and employment checks?
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23 May 2024 | 1 reply
However, when I attempted to contact her employer, she only provided an email address.
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21 May 2024 | 4 replies
If you are currently employed, do not quit that job until you are 100% financially and can support yourself.
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23 May 2024 | 4 replies
The loan is conventional and they are asking for Employment Verification saying I work remote in order to settle the occupancy rule.
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31 May 2024 | 149 replies
Employ and supervise my own construction crew.
23 May 2024 | 14 replies
Make sure you're performing credit checks, background checks, verifying income (calling employers and even checking bank statement if you need to), and calling former landlords to inquire about/confirm their habits as a tenant (cleanliness, respect for neighbors, paying rent on time, etc.).If you don't think you're capable of this, definitely find a good property manager!
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23 May 2024 | 5 replies
You would want to employ strategies like 3 or more night minimums to encourage week long bookings and weekly discounts.I would actively adjust prices to maximize revenue.
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26 May 2024 | 102 replies
Are all employment sectors within the market diversified (less than 20%)?