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Results (9,059+)
John S. I just had 12x "discrimination" lawsuits/complaints filed against me...
7 September 2024 | 36 replies
Just let the applicant apply and use the same qualification criteria which they rarely will pass. 
Jared Fisher Refinancing a hard money loan
4 September 2024 | 10 replies
Additionally, for rate-term refinances, many DSCR lenders have no seasoning requirements at all.Easier qualification: DSCR lenders have much lighter qualification requirements than conventional or portfolio lenders, such as no DTI, income verification, or tax return hurdles that can slow down or disqualify loansFlexibility: While conventional and bank lenders are heavily regulated and follow standardized rules, DSCR lenders have much more flexibility and control over their guidelines.
Becca F. What makes someone qualified to be a guru/coach/mentor?
6 September 2024 | 19 replies
The only qualifications you need are narcissism and charisma.
Valerie Bowman Application/ Property Viewings
4 September 2024 | 9 replies
Most of my rentals get no more than 3-4 inquiries.I recommend you include qualification criteria in the advertisement.
Jerome Morelos MTR Income Loan Qualification
30 August 2024 | 15 replies
Many investors use a general rule of thumb for midterm rentals that they should earn about 50% more in rents than an equivalent long-term rental (whereas short-term rentals should earn double or 100% more than if the property was utilized as a long-term rental).However, for DSCR lenders, change can be slow and challenging, and many lenders prefer and require more precise qualification measures than rules of thumb.
Ashley Dewees Hopeful Investor in the Cincinnati/NKY area
2 September 2024 | 7 replies
Easier Qualification: Buyers with less-than-perfect credit may find it easier to qualify for a land contract.
Roberto Westerband First Lien HELOC Strategy
8 September 2024 | 168 replies
Wasn't thinking about the qualification of the increase because my mind was on paying off the first.
Melissa Faraias My rental won't rent. What are my next steps?
29 August 2024 | 43 replies
Now I am not sending them the pre qualification criteria and trying to just get them to come see the unit.
Agustin Rossi What to do if a motivated seller asks for proof of funds?
3 September 2024 | 32 replies
Never, Never, Never, Never.I have had EVERY realtor ask for one, proof of funds or loan qualification letter, but never a motivated seller.But I was afraid of the question also when I first started.
Edwin Lopez Help with funding
29 August 2024 | 8 replies
The income qualification for the property is off of the property's cash flow.