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2 November 2015 | 9 replies
Typically on an investment property I have been asked to show proof of security deposit, leases for tenants and some lenders have asked for 3 months verification that the tenant has been paying (i.e. on the property bank statement).
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14 October 2015 | 9 replies
I like Jd Martin's comment about the credit score.You may also want to consider these criterias as well:--insufficient Credit and Rental Requirements could be assessed an additional security deposit equal to 100% of the stated rental amount, over and above any other security deposit or additional security deposit required.
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22 September 2016 | 10 replies
Thank you for great reply .rehabbers are smart people and steal the deals if not locked under contractwould you feel secured showing a property that is not locked under contract to cash buyers ?
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13 October 2015 | 10 replies
One of the unit came with a security deposit that will be transferred to me at escrow.
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13 October 2015 | 6 replies
I'd keep her security as well to go towards her owed balance.I've never heard of filing for eviction AFTER someone has already vacated.
13 October 2015 | 10 replies
If you currently have no capital, you have two main options: Save up capital, or find a creative way to secure your first property.
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12 October 2015 | 3 replies
I am social security age, barely.
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20 October 2015 | 9 replies
., I've been thinking that if I can survive the renovations and get the properties rented (I'd like to hang onto the properties if I can, selling is less desirable back up option) then I would try to secure a HLOC to consolidate my debt, but I've been wondering about the debt to income being a problem.
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13 October 2015 | 4 replies
I don't know of any way to finance them but I have 4 that I was able to purchase with cash, secure a HELOC that covered my purchase/rehab costs and still have them in positive cash flow...
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14 October 2015 | 3 replies
This isn't really a huge deal, but most of the sites have their hands full taking in domestic money at this point given the complexity in the securities laws.