
4 November 2024 | 13 replies
All of the pressure that you are putting on them will make them resentful and leave the property in a poor manner.

30 October 2024 | 35 replies
Professional tenants target mom and pop landlords with poor screening processes...rather than large class A and B properties with professional screening processes that disqualify most problem applicants...and lots of neighbors who actually pay their bills.
30 October 2024 | 94 replies
I’ll have $50K saved and $8,000 in credit lines.

31 October 2024 | 2 replies
I'm renewing my LOC on one of my rentals with a local community bank through their commercial banking dept. They want 1% origination points plus a bunch of other usual fees like title work. They already did the title ...

2 November 2024 | 8 replies
I talked to two different local credit unions about pulling 300K in locked equity out of our former primary home that we converted to a short term rental last year.

1 November 2024 | 17 replies
The interest rate they gave me at us 7.70%, 5/1 ARM, rent to debt service ratio is 1.21My credit score is 672.

31 October 2024 | 9 replies
I have a Duplex that's performing poorly in north salt lake.

1 November 2024 | 2 replies
Any time you can avoid adding more trade lines to your credit and increasing your DTI its best.

1 November 2024 | 10 replies
There are 80% LTV cash out refinance options and 85% LTV for a single family rental purchase if the property is cash flowing (DSCR ratio of 1) and the credit score is high enough.

4 November 2024 | 26 replies
I'd imagine the interest rate plays a large role in what discount is given, along with house value, down payment and credit score of mortgagor.