10 June 2024 | 20 replies
Verifying last 2 years of rental history very important!
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10 June 2024 | 12 replies
Hey Joshua, DSCR lenders will want to verify the funds will be used for business purpose only.
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9 June 2024 | 16 replies
Can anyone verify that this is true?
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8 June 2024 | 4 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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8 June 2024 | 8 replies
Exterior work involved repairing the roof, painting, replacing rotten wood, and installing new light fixtures.Multiple contractors were engaged for the project, with licensed professionals handling electrical, plumbing, and HVAC upgrades.I have compared the comps in this area on Zillow and it’s in the range of 115k to 130k. all else checks out, except that I do not have boots on the ground to verify in-person.
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8 June 2024 | 4 replies
I realized after my post that she left the drivers license # field empty and when asked to supply a photo ID so we can verify spelling of name for the credit check rerun etc.. and get license # from her as well.. he took all day to respond and left message said she found another place and no longer interested..
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8 June 2024 | 22 replies
Here's a chart on 90066 I generated from my tool under Market Stats > Sales Data > Specific Zip Code:- My above chart (more available) shows the Avg Renovated $/sf (High) over time in this Zip Code, something completely different than charts/providers based on Averages/Medians only, like every other platform (RedFin Below, https://www.redfin.com/news/data-center/):- Can't select smaller locations such as City or Zipcode for their $/sf data, so it's useless helping me underwrite/verify a deal.- Can set Zip Code for Median Sale Price data, but again it's the median/avg so it's useless helping me underwrite/verify a deal.Then if that looks decent, I'll run Sales Comps, and get a quick summary of some key metrics based on those comps.
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8 June 2024 | 4 replies
For a 3x requirement, they must have a verifiable income of $1800 (3 x $600).
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9 June 2024 | 50 replies
Trust but verify.
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7 June 2024 | 11 replies
You then have to submit that code to your google page and then after you do that it will take a few days and then it should be verified.