Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
Let me know if you still need assistance with getting this done.
Victor Yang
NC residential equivalent of a NNN lease?
20 January 2025 | 3 replies
I think this arrangement can suit both parties, he wasnt going to be able to keep the house but can still live there for super cheap.
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
The law does NOT apply to landlords:With less then 5 rental unitsThat live in one unit of a duplex and rent out the other unitThat rent out rooms in the home they occupySo, landlords can no longer state in their rental ads, "Section 8 not accepted".The reverse is also true, "Section 8 only", cannot be used.We've always recommended screening S8 tenants the same way as cash-paying tenants.Landlords waiving application fees and/or security deposits only for S8 prospects may also be violating Fair Housing.
John Friendas
Maximum # of DSCR Loans Lenders Will Give?
22 January 2025 | 12 replies
Hey @John FriendasI have purchased 4 of my Co-Living (rent by room) properties with DSCR, 1 of them within the last few months.Not that I necessarily recommend this, but there are short-term-rental DSCR products.
Thomas Farrell
BRRRR with ~400k Capital
18 January 2025 | 16 replies
It isn't easy to make things pencil, and I don't see it getting much better over the next 12 months.I have changed my rental strategy to Co-Living (rent by the room).
Dean Klein
True dimensional 2x8 insulation question
31 December 2024 | 4 replies
Another option is to put 2-3 inches of spray foam insulation then batt under that, it will assist with stopping some of the air transfer and seal it off as well.I would also check the windows in those rooms and whcih way do they face.
Duke Butterfield
Sell or Rent? (Self-Manage or PM?), 4 year-old Primary Residence to Rental Property
27 January 2025 | 14 replies
They don't have to manage the property for you, but they can assist with getting a qualified Tenant in place.
Rashid Ghafoor
New MLO Looking for mortgage broker sponsor
29 December 2024 | 5 replies
Always best to research mortgage companies/brokerages for things like compensation, availability of training, assistance on files since you are new, and if they teach you how to constantly get business
Tyler Condon
Buying a rental property in Kingman Arizona
13 January 2025 | 5 replies
My best friend lives in Kingman with his mother.
William Silva
Multi family (2-4) units. Getting started
30 January 2025 | 8 replies
I invest in about a 50 mile radius from where I live.