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Results (10,000+)
Craig Parsons When to pay for an appraisal?
4 December 2024 | 1 reply
Something problematic they find that was undisclosed on your application (not saying you'd do this, just giving an example), title issues, entity issues, issues with the appraisal even if the value is acceptable...you can either bite the bullet and pay for the appraisal, don't move forward with the loan, or try and find a HML/PML willing to lend to you without an appraisal. 
Leo R. Is anyone listing rentals on Craigslist in 2024?
3 December 2024 | 22 replies
FB Mktpl has yielded the most quantity of inquiries, but also the most unqualified and applicants that have no idea where the units are located.
Orchid Djahangirian New to real estate and looking to connect/get referrals for agents/lenders
8 December 2024 | 26 replies
I'm not familiar with loan applications for non-US citizens, but Greenville is still a great place to invest when you find off-market deals.
Joel R. Am I required to issue 1099s to contractors if I only have one rental unit?
6 December 2024 | 12 replies
It is not, it has limited application, and for travel expenses it does not apply at all.If you do not have a mileage log, you have to do your best good faith estimate and then pray that you're not audited.
Mike Most Applications with Eviction on record
26 November 2024 | 7 replies
If it were more than three years ago and everything else on their application was perfect, then I would consider it.However, I've never seen that in 15 years of management with hundreds of rentals and thousands of applications.
Nina Ning An applicant with credit score of 770 but no proof of past rent payments
27 November 2024 | 8 replies
For the 2nd applicant, her credit score shows 770.
Nicholas Minich Starting out- Have the cash flow/ HELOC
4 December 2024 | 6 replies
Look into factors like vacancy rates, local job growth, and tenant demand to pinpoint promising markets.Once you find a property, work on running the numbers carefully—factor in purchase price, rehab costs (if applicable), property management fees, and reserves.
Sean Relyea Baselane & ACH Collection Services
3 December 2024 | 26 replies
The time it takes for the draws from tenants and then the ACH transfer to you leaves you getting pain on the 7th or 8th of the month, the $1 ACH transfer fee is an annoyance that has drawn some complaints that are as petty as the fee feels, the new tenant application features are sub-par, and I'm not sure how well it properly informs tenants of the additional charge for credit cards as I got panicked texts about the added fee from a tenant already going through some hardship.
Maya S. Refinancing a NNN
7 December 2024 | 35 replies
Lenders have different loan capacity at any point in time; they might not announce that they aren’t making a certain type of loan right when you need it; they’ll take your application but either delay you to death or find an obscure reason to decline the loan4.
David Martoyan What’s Your Biggest Lesson Learned From a Fix-and-Flip Project?
5 December 2024 | 20 replies
And yes flipping multi families is definitely less risky, but not as applicable and available to everyone as single families.