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Results (10,000+)
John P. Financing for next property (while not compromising next primary)
15 January 2022 | 3 replies
If you dont rent out that 3rd unit and will stay in that unit till you purchase the new property then you will need sufficient income to qualify for the full mortgage (PITIA) of the new property with the net rental calculation of the current triplex using only 2 units (since youre living in unit 3) which may result in a much less favorable rental calculation than you had previously planned for.
Tanim J B. Would you accept this application?
9 January 2022 | 6 replies
Normally for that i see ppl verify applicants should have sufficient funds equal to 3 months of rent in that case?
Traci Silvey Seller refuses to sign extension-Any recourse?
10 January 2022 | 7 replies
I would assume any court actions, along with an LP filed, sufficiently cloud the title, so the seller can’t reasonably give clear title.  
Kurt S. Tenant unemployed but didn’t tell me yet
10 January 2022 | 4 replies
However my real concern is you mentioned that your bills depend on their ability to pay as well which implies that you don't have sufficient cash reserves to handle financial hiccups without putting yourself and your family in a financial tight spot. 
Erica L. Duplex zoned as Single Family
30 January 2022 | 3 replies
But I'd want a sufficient discount that it was worth it.
LaMancha Sims Why Use A Hard Money Lender
31 January 2022 | 0 replies
They just include a few requirements such as the borrower having enough equity in the property, sufficient cash on hand for making monthly payments, and a reasonable strategy to exit.
Matthew Slaughter Lead Worry From Tenants
1 February 2022 | 8 replies
In most cases, a new coat of paint - or at the very least, repainting areas that are presently chipping, is sufficient.
Matt R. Is a fee for smoking enforceable?
2 February 2022 | 4 replies
A $200 fine is not sufficient if there's been a significant amount of smoking.
Justin Case Help Estimating Rehab Costs?
2 February 2022 | 8 replies
It's really going to be hard to provide any realistic feedback without knowing the size of the property, the quantities of work and more details on the specific repairs and location of the project.How many square feet is the property? 
Jonathon Hunt Financing for 4-plex in Sacramento, CA
1 February 2022 | 4 replies
I'm also not able to qualify for FHA because properties in my market do not meet the self-sufficiency rules.