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17 January 2014 | 11 replies
Will a prequalification run my credit report more than once if I decide to shop around for a friendly lender.
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26 May 2014 | 10 replies
Nevertheless, in response to commenters' requests, the final rule provides a non-exclusive list of methods that issuers may use to satisfy the verification requirement for individual investors.The methods described in the final rule include the following:Reviewing copies of any IRS form that reports the income of the purchaser and obtaining a written representation that the purchaser will likely continue to earn the necessary income in the current year.Receiving a written confirmation from a registered broker-dealer, SEC-registered investment adviser, licensed attorney, or certified public accountant that such entity or person has taken reasonable steps to verify the purchaser's accredited statusThe underlined/bolded item above leads me to believe that this guidance is only for reference and one can do their own, independent process provided it is reasonable.
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18 January 2014 | 1 reply
Always do a thorough tenant screening including employment verification, credit, background, criminal and eviction reports.
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18 January 2014 | 5 replies
The debt, which previously showed on my credit report should report as closed when the bank next reports.Good luck...Chris
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3 June 2013 | 7 replies
It took some time, but a tenant moved in February, unfortunately, the tenant and her boyfriend have been nothing but bad news.
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3 June 2013 | 10 replies
The good news is...if you think about it, you only have to do this once.
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11 June 2013 | 28 replies
However, as reported in other posts that was eventually a wash. its the proverbial 'cat & mouse' but the cat has traps (that keep moving) :)good luck
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5 May 2015 | 52 replies
Inspection report came back today and is about as flawless as you can get.
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28 September 2013 | 13 replies
I already have one property that reports positive cash flow.
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7 June 2013 | 10 replies
If you want to get R/V ratios where you can get decent cash flow (even with maximum leverage) and favorable rates of return, then you'll probably need to look elsewhere (as in out-of-state).I've compiled a report called the "2013 Housing Market Forecast" that might help point you in the right direction as far as market choices, but I will also tell you that I am working on an article specifically addressing the question of "Where should I invest?"