Gregory Schwartz
Apartment policy not to provide rental history
1 November 2024 | 3 replies
We are in the process of screening a tenant which of course includes verifying rental history.
Bryn Chatterton
New to Rental Property Investing
8 November 2024 | 3 replies
So, we obtaina full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc.to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.
Alex Winfield
Any solid info on VA Vendee financing? Any lenders?
13 November 2024 | 66 replies
My daughter and I are considering an offer for a property that list Vendee Financing May Be Available.
Elliot Angus
Creative Finance into Bank Refinance
7 November 2024 | 3 replies
Also make sure you have good documentation of your payment history.
William Kulow
How do we feel about fish?
8 November 2024 | 19 replies
A 60-year-old woman with great credit, rental history, and 20 years at the same job?
Michael Connard
Making an Intro
6 November 2024 | 3 replies
Growing up, my mother and I were renters, and I vividly recall the gratitude we felt when a landlord took a chance on us, despite my mother's imperfect credit history.
John S.
Is there a website I can use to generate a list of all multifamily houses in my area
8 November 2024 | 3 replies
You can access detailed property information like ownership history and contact details, which can help you create a targeted mailing list.- ProspectNow: Similar to Reonomy, ProspectNow provides a database of multifamily property owners along with their contact information.
Elia Caputo
Mother of 2 Teen girls w/2 short ter, 1 long term, 1 fixer-upper, 2 lot and growing.
7 November 2024 | 12 replies
Verifying last 2 years of rental history very important!
Philip Jones
Which Banks are best for Real Estate Investors
8 November 2024 | 9 replies
If you're going to a bank, you'll want to look for a smaller, community bank that has a history of lending on retail centers and multi-family...what they call "CRE" lending vs the owner-occupied "C&I" lending.
Jeffrey Hennen
Cost Benefits of Water Softeners
9 November 2024 | 5 replies
Here there is a 25 GPG hardness and .2-.8PPM (not sure specifically what my rental has), which leads to buildup and rust, in addition, there has been a history of too high magnesium which caused an advisory from the city itself about potentially unsafe levels of magnesium.