Bryn Chatterton
New to Rental Property Investing
8 November 2024 | 3 replies
Many applicants just want to tell us their excuses over the phone, but if they won’t take thetime to put it in writing, we find they rarely end up being good tenants.UnderwritingTraditionally, landlords have only looked at the income of applicants and approved those having income equal tothree times the property rent.
Sophie Sawyer
My experience with Sunrise Capital (Mobile Home Fund)
29 October 2024 | 67 replies
Why not just buy your own mobile home park and let everyone live for free?
Nik Farooqui
Has Anyone Purchased Auction Homes
8 November 2024 | 3 replies
The REO bank had loan officers at the auction and approved a $180K mortgage.
Brittane Jenkins
Any creative ideas for getting a down payment funded on an investment property?
9 November 2024 | 9 replies
Lenders will rarely approve a loan knowing the down payment funds is a loan.
Brandon Brock
Eddie Speed Note School
7 December 2024 | 150 replies
I don't recall if Brandon asked my opinion or not but if he did, I'm sure I gave it to him.As for the property pres company and any other vendors approved by the Note School group, you question was what's the difference between them and all the others?
Brian Scott
Looking to purchase our next MF
11 November 2024 | 11 replies
The PMI gets higher as you step up from 85-90-95% LTC.So even if you can get approved for this, you need to ask yourself are you willing take on potentially years of cashflow loss, for the privilege of owning the property?
Marjorie Patton
RE Investor DTI ruining ability to get/use credit
7 November 2024 | 12 replies
i applied for a great card offer last year, got rejected, and was actually able to connect to a nice person who helped me to (accurately) revised my application and get approved.
Seb Ko
New residence requirements for Airbnb listing
5 November 2024 | 4 replies
Victor is right they are becoming significantly more strict at approving these.
Avery Robertson
MHP Partnership Structure
7 November 2024 | 22 replies
I don't know how to say this without being too blunt but 'acquiring mobile home parks is hard; running them is easy'.
David Cheng
What do you qualify as a proof of funds?
4 November 2024 | 34 replies
You should be asking for any kind of pre-approval letter as well.