
20 July 2024 | 10 replies
So since loans often get sold for servicing (some more than once), even if the original lender doesn't report the loan to the personal guarantor's credit, that may change in the future.DSCR loans are really set up for investors to scale as DTI isn't an issue and the down payment, borrower's credit score and DSCR ratio are the requirements.More on DSCR loans: DSCR loans won't use your income to underwrite the loan.

20 July 2024 | 11 replies
Unless the Lender will allow you to set up an Escrow Account for any Repairs the Appraiser may find ( so long as the total for these repairs doesn't exceed X amount of Dollars ) ?

19 July 2024 | 4 replies
You receive the utility bill and pay it, while collecting from the tenants.TENANT PAYS When the meters are separated per unit, make it a requirement of move in to have the tenant provide their utility account numbers to you so you know they are set up and not being billed to you.

18 July 2024 | 2 replies
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..

19 July 2024 | 15 replies
You didn't mention home insurance and that will need to be set up before closing.Don't buy anything yet (don't rack up you credit card balances), but window shop at the hardware store.

19 July 2024 | 7 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

22 July 2024 | 82 replies
Perhaps because he's a closing attorney who has come up with his own work-around (presumably for a tidy fee) which is to set up the deal as a short term land installment contract.

22 July 2024 | 71 replies
They are set up to serve government and corporate structures to create obedient worker bees who die more or less just when they are eligible to get something back.

19 July 2024 | 16 replies
Happy to set up a call and share our experiences.

19 July 2024 | 25 replies
We are working on getting our finances set up in it so we can switch over completely in 2020.