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19 October 2024 | 4 replies
You've already gone above and beyond, but it seems you just dig up more problems.When you run a credit/criminal background, the credit report should list the applicant's current and previous addresses.
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23 October 2024 | 11 replies
If you have access to a line of credit on your primary home, that could be a good option.
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23 October 2024 | 5 replies
The prospect completed an application and checks the credit and income boxes but does have a mark on the criminal record.
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25 October 2024 | 2 replies
The home buying process typically follows these key steps:Assess Your Finances: Review your credit score, savings, and determine how much you can afford for a down payment and monthly mortgage payments.Get Pre-Approved for a Loan: Work with a lender to get pre-approved, which gives you a clear budget and shows sellers you’re a serious buyer.Find a Real Estate Agent: Partner with an experienced agent who knows the local market and can guide you through the process.Search for Homes: Browse listings and visit properties that fit your criteria (location, size, price, etc.).Make an Offer: When you find a home you like, submit an offer through your agent, including contingencies (financing, inspections, etc.).Home Inspection & Appraisal: Once the offer is accepted, hire an inspector to ensure the home’s condition and the lender will order an appraisal to verify the property’s value.Secure Financing: Finalize your mortgage by submitting required documents and ensuring the lender clears you for closing.Closing: Sign the final paperwork, pay closing costs, and receive the keys to your new home!
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20 October 2024 | 1 reply
We have tenants who are asking to bring a relative to live with them that has a criminal history.
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24 October 2024 | 6 replies
My credit score is 700+ so I don't understand.
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25 October 2024 | 12 replies
I've started presenting offers to sellers showing them the net of the offer minus credits/concessions so they can see the full picture, and not just focus on a percentage point.
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23 October 2024 | 4 replies
Strengthen your financial strategy by building savings, monitoring credit, and exploring loan options.Good luck!
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22 October 2024 | 7 replies
A streamlined process for cost segregation studies: AI is able to help streamline the cost segregation reclassifications by analyzing and identifying property components into their appropriate useful life more efficiently than traditional methods.The ability to identify eligible tax credits: AI is able to sort through and analyze a vast amount of tax laws and regulations in order to attempt to identify potential tax credits available to the real estate investor.
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23 October 2024 | 7 replies
Last thing you want to do is rent your place out to someone that's had multiple evictions and has income/credit issues