
25 June 2024 | 17 replies
My application says the home should rent for $1500 and is worth $195k.

25 June 2024 | 6 replies
@Anthony Zotto- if you started the application with the CU and locked the rate in - your rate wont automatically decrease if rates improve .

25 June 2024 | 7 replies
They will also handle nonpayment & evictions, marketing of units, applicant screening and much more.

25 June 2024 | 5 replies
When someone offers to pay a large amount up front, it's typically because they are enticing you to not look deeply into their past, or they are trying to jump the line ahead of other applicants.

25 June 2024 | 2 replies
I don't believe a DSCR lender would transfer the obligation to a new borrower but please correct me if I am wrong..In general, it will be be a full income verification or full documentation application with the current lender directly and no other mortgage professional would be involved.

25 June 2024 | 8 replies
This includes declaring rental income received and deducting applicable expenses such as maintenance, property taxes, and mortgage interest related to the rented portion.Once Cousin B acquires 50% ownership, they will begin reporting 50% of the rental income and associated expenses for the portion they now co-own.

24 June 2024 | 20 replies
Meeting them puts a face to the name and forms a human connection... you're not just after there money. 2) Provided them with a rental application.

25 June 2024 | 15 replies
Develop criteria for accepting animals and apply them to every applicant.

24 June 2024 | 5 replies
The financials of the property and applicants investing experience / credit history will factor into the proposed terms for the purchase.

24 June 2024 | 3 replies
I would ask about the application fee, since that is not typical for a lender to charge.