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3 October 2024 | 1 reply
For criminal background checks, services like TransUnion SmartMove, RentPrep, or MyRental are commonly used and provide comprehensive reports that include criminal history, credit checks, and eviction history.To verify how much they make, you can request recent pay stubs, bank statements, or tax returns if the tenant is self-employed.
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3 October 2024 | 9 replies
If you can buy the land in cash, then you can go to a bank and fund the construction with a loan.
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27 September 2024 | 13 replies
@Blake DialsDefinitely set up a separate bank account with a debit card and a credit card.
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30 September 2024 | 1 reply
Anyone have experience with this alternative creative financing vehicle? The idea is intriguing, but online research has yielded conflicting opinions and "pay to play membership plans; can't get a straight answer whe...
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2 October 2024 | 2 replies
Private lenders are becoming a go-to option because they’re able to close deals quickly without all the hoops that banks make you jump through.
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4 October 2024 | 13 replies
So whatever market you settle in I'd ask around the local banks and see what kind of programs they may have, and many of them can be up to 4 units.
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3 October 2024 | 6 replies
Wouldnt surprise me if some of the large multinational banks have programs for this kind of scenario.
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2 October 2024 | 4 replies
Poor props with prices to high those are sitting.. so just dont do that if you want to move inventory.I am not a buy hold investor like most of BP we have income property but its not my focus I have a 10 unit in oregon in contract see if that closes.. we got a very good rate from my local commerical bank 1/2 point 6% so that seems pretty goood.
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1 October 2024 | 6 replies
This means you will likely fail unless you scale to the point where you fall under the category of those who can benefit from operational efficiencies noted above (and very few reach this stage).
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30 September 2024 | 2 replies
The risk is a failed inspection blocks Section 8 payments, so I could miss a month's payment if I don't get the issues resolved by the end of the month.