14 January 2025 | 7 replies
It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?
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16 January 2025 | 5 replies
Mortgage lenders will qualify you for a higher purchase amount for multis than they would on a single, because they will count the rent you will be making on the other units as additional qualifying income for your loan application.
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13 January 2025 | 11 replies
One area can show great signs but literally cross the railroad tracks and it’s a different world.Be aware of these types of physical delineation.If you are getting no demand from qualified applicants then I would say it’s not in a margin of a gentrifying neighborhood.
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9 February 2025 | 32 replies
It could be a case of some system error or an outage of some sort because this application is so DOPE, I can't imagine a business with awful support creating it.
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23 January 2025 | 39 replies
The guy I signed up with basically knew nothing more than me filling out the application.
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9 January 2025 | 12 replies
We add up the scores and get a total score that reflects the level of risk the applicant presents.
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9 January 2025 | 13 replies
Here’s an example of what I've used if they don't qualify based on what's on application.
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15 January 2025 | 10 replies
@Jorge Vazquez we stopped doing signs over 10 years ago.We had a separate phone number on our signs, so were able to track traffic & applications from them.We were getting more & BETTER leads from our online ads then the signs - so an easy choice to stop using them (also time & money savings).
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11 January 2025 | 14 replies
As someone who manages over 1,200 properties, I can tell you that proper screening is where professional property managers (PMs) really shine.Here’s why working with a professional PM is worth it:Screening Expertise:Fraud in tenant applications is more common than many realize.
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31 December 2024 | 3 replies
You can go as low as 2.5x in some cases but NJ tends to produce enough traffic/applicants where 3x should be minimum unless property is over priced.