Verifying last 2 years of rental history very important!

The family that we bought one home and rented another to, allowing them to purchase their dream home in a new state to be close to their daughter. 

Ideally this happens without any seasoning/payment history period, since I am reselling the house and lose title upon sale.

Your offer should have included a requirement that the Seller transfer all tenant documents (application, payment history, lease, addenda, etc.), spare keys/openers/codes, prorated rents based on the day of closing, security deposits, and anything else pertaining to the rentals and tenants.

Hello,We have tenants that moved to Florida from out of state and didn’t have rental history, jobs, and also a low credit score.  

They will look at the credit history, income, and other financial information to determine if the borrower is able to repay the loan.By following these steps, you can determine whether a property investment qualifies for a DSCR loan.

Can local investors in Real estate still gain returns that change family history?

Verifying last 2 years of rental history very important!

If you're attending BPCON, I wanted to let you know that the day after the conference, on October 9th, I will be joining my daughter, Krista, and her company, Gateway Investors, for a property tour in Tulum.

Verifying last 2 years of rental history very important!