Matt T.
What cutoff point do you use for Credit in tenants?
24 July 2018 | 16 replies
Like @Caleb Heimsoth mentioned, I put the most stock in eviction history, criminal record, and ability to make payments (3x rule).
Kyle Fielder
Need Help Moving Foward...
8 November 2022 | 10 replies
You can use lending that doesn't need history with the LLC, look into DSCR loans.
Julianne Kauffman
Multiple Applicants in Same Household
1 October 2023 | 7 replies
Income verification, Credit report, public/court records, employment and prior residence histories, on-line presence.
Neerav Patel
can't verify past landlord and current employer for applicant
18 June 2018 | 16 replies
In my experience, apartment complexes are generally slow to respond to requests to verify rental history.
Ed Chamberland
Bookkeeping for beginners
7 December 2018 | 12 replies
There's several cloud solutions, but they don't interest me since I can't import my transaction history into them.
Erik Sherburne
Lender Loyalty to one or many?
26 May 2018 | 4 replies
We have done 4 deals, during tax season I now send him my tax return and W2s so I have 1 less thing to send him when applying for a new loan, by doing this he can review my finance and give me a heads up if he foresee any issues in obtaining a loan.Nothing wrong in going to someone else if they give you a better deal but if you find someone that goes above and beyond and you have a history with it just makes things go easier..
Brian Washburn
Advice for investors on their first rental
18 June 2018 | 12 replies
I would make sure you have created a rental criteria that outlines income and credit requirements as well as how you will treat those with a criminal background or eviction history.
Marcus Perkerson
Do I have enough capital to enter the area of Notebuying?
30 April 2010 | 13 replies
A good note (good borrower, good collateral, good payment history - i.e., a low risk note) just does not sell for that kind of discount.
Christine Gardner
How long should a prospective tenant be working for current employer?
28 September 2012 | 11 replies
Christine Gardner to answer your question specifically I would say that total work history needs to be examined. of course the longer they have been employed at their recent job is a factor but the reason they have made a recent change and the history over the past 5 years is a better indicator than a picture that only looks at the most recent time frame.