I had a prospective tenant (traveling nurse) last week who was interested in renting the unit starting in mid-August and I sent her the link to the Avail application.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

It all sounds fishy and doesn't sound like anything real investors do.

Do you have any investment properties in New Hampshire or looking to invest in that area?

Hi Chase,I know a few funds that allow up to 90% CLTV, lending up to 75% in 1st position.If you can find a seller willing to do a 15% seller carry back on a 3 year minimum term, 10% down is a real possibility!

@Mark DrouinAny particular reason you don't want to do a refi after the new tenant is placed ?   

Retirement accounts don't count towards liquidity, nor do non-liquid investments like VC, etc. 

Hi community, I have a rental unit that I own outright and would like to do a line of credit against but I cant seem to find lenders in texas that do LOC on investments. 

If you had a paid off rental house, and others with mortgages, and you wanted to use the equity in the paid off rental for a cash offer on another property, how would one do that if the DTI ratio doesn't work due to having too much credit utilization with the addition of the new loan.

The questions that I am trying to work through are what to do with locked equity and where to go next.