30 March 2024 | 0 replies
These business limitations are not applicable to small businesses.

31 March 2024 | 61 replies
At least 70% of the agent-driven applications we get for one of our listed rentals is a waste of time.The agents are ignorant, lazy or both.They expect us to chase THEIR client for required documents and they nonstop complain we're asking for too much - when it's all right on our website.We also take over management for new investors and many times their agent was again, ignorant and/or lazy, and didn't require leases, rent ledgers, tenant contact info, etc. as part of the purchase contract.

30 March 2024 | 12 replies
Another note on the renters insurance conversation.Even if renters insurance is applicable in this case, there would be likely be a deductible that applies.

30 March 2024 | 9 replies
In the meantime, please completely fill out both the Rental Application (included with this letter) and the Lease Agreement.

29 March 2024 | 7 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

29 March 2024 | 4 replies
The person you spoke with may be referencing earnest money deposit (buyer showing the seller they have skin in the game; this can be refundable or non refundable).Some lenders require an application fee (junk fee) and those lenders typically are more expensive to begin with.

29 March 2024 | 25 replies
My policy is that the approved applicant has 24 hours to pay the deposit in full and with certified funds.

29 March 2024 | 11 replies
The lender is not required to include this contingent liability as part of the borrower’s recurring monthly debt obligations provided the lender obtains a copy of the applicable loan instrument that shows the borrower’s financial asset as collateral for the loan.
28 March 2024 | 3 replies
If not, which permits are applicable to the moving of the mobile home and reconnecting the utility infrastructure?

29 March 2024 | 3 replies
Transitioning to a new GC can also complicate the process as whomever takes over will likley not provide any warranties if applicable and you should expect to be charged a signficiant mark up.