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10 September 2024 | 19 replies
- make sure you understand AB1482 as well as any local rent control laws
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10 September 2024 | 0 replies
I kept repeating the process and slowly but surely started seeing some traction.
9 September 2024 | 18 replies
Every time Rentredi wants me to move to another processing company.
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9 September 2024 | 6 replies
Just want to make sure this agreement form is a normal process or not.
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10 September 2024 | 7 replies
I want to build a home on a plot of land and I need your advice to confirm the process.1.
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15 September 2024 | 14 replies
Try starting with the lender who gave you the original 2nd loan, that’s how i started and then started making calls.
14 September 2024 | 10 replies
However, if this total income number is negative it will count against you like any other liability would (think car loan or other mortgages with no rental income or credit card min monthly payments/etc) against your DTI.DTI is typically maxed out around 45-50%, so half of your monthly figure so if you make 10,000 gross per month your max liability at @50% DTI is 5000 a month max payment.
10 September 2024 | 7 replies
If the property is bleeding money every year from repairs, maintenance, or turn over you'll never get ahead.You can tap equity with a HELOC (challenging right now), cash-out refinance into a new loan (much higher rates), 1031 exchange, or sell (tax hit) but the numbers and property condition need to guide this decision.
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10 September 2024 | 4 replies
I've been pre-approved and assume I should provide that info, but what else would be helpful that I can send right away during the "interview" process to prove I am seriously looking?
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9 September 2024 | 23 replies
I began my career with rental properties in CT, and the eviction process can be brutal.