
10 August 2024 | 1 reply
After everything was fixed and they listed the unit, apparently they claimed that I was not allowed to have any understanding of who would be renting my home due to potential bias and discrimination (this is the first time I have not been able to view applicants general profile (credit score/occupation(removing any identity markers)), but fine, I let them choose the tenant and so far there hasn't been any issues.

6 August 2024 | 4 replies
The lender has required a 'Prior to Docs ( “PTD” ) Condition':"Business Verification Needed - Broker to obtain a CPA letter to confirm the borrowers current business waspreviously filed as sch c and confirm how long been in business for."

10 August 2024 | 8 replies
These tenants are so big that obviously you aren't going to get a personal guarantee out of them, but they're also such a safe bet that it's not seen as a big deal.In the smaller range of 3-5 year leases and small businesses, you don't see a lot of NNN, and you see more personal guarantees for the first term of the lease.

9 August 2024 | 1 reply
This will allow me to have better deals and can profit on the work as a contractor.Are their any clause which prevent this?

11 August 2024 | 16 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

10 August 2024 | 2 replies
Purchase a business property such as an automotive repair shop.

11 August 2024 | 49 replies
.: Since you can live anywhere, I would find a strong market that you would enjoy, then buy a big house or a multi-family that allows you to rent spaces out and gain experience.

11 August 2024 | 13 replies
And then there are others that are just pump and dump due diligence schemes.. now when i googled this company their web page came up .. but there is also complaints and a rip off report link.. so i would read all that stuff first.. take it with a grain of salt.then look deep within and ask yourself if with your business acumen and 2 to 3 years of tax returns.. and your fico and your cash reserves can you do a 1 plus deal.

9 August 2024 | 4 replies
With conventional long-term rentals, if you're an established landlord, lenders will count the income from a new rental property right away, allowing you to use it to qualify to purchase another.
8 August 2024 | 23 replies
If they come on the market they are sold for top dollar to investors as income producing businesses.