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23 September 2019 | 14 replies
If you rent for 2-4 more years and buy 2 rentals during that time your primary residence expenses could be covered completely and your DTI will be in a better place since you'll have rental history as assets going for you.
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28 December 2022 | 1 reply
If all the parties suing each other reside in Washington then a Washington court has personal jurisdiction and may have legal authority to hear the case.
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16 March 2022 | 10 replies
I read an older forum post that intrigued me and the author said something like 'I tell them I can give them the price that they want if they can give me the terms that I need.'
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28 December 2022 | 2 replies
I have an LLC in place but no history on it.
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29 December 2022 | 5 replies
Since you're still in college, you can also use your education as employment history when applying for a mortgage.Overall, it's important to be proactive and do your research when it comes to preparing for a rental property investment.
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13 May 2019 | 9 replies
They are great at verifying identity and address history.
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16 August 2018 | 21 replies
I believe bad tenants cost you WAY more than a few $$/month, so make sure you have a plan to do your due diligence (credit, criminal, rental history, income verification).Also, I agree with @Patrick M.
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29 December 2022 | 4 replies
Now you’ll find yourself running into some hurdles, they’ll want to see work history, paystubs, etc., to make sure you can make the payments.
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3 May 2019 | 13 replies
Joe Schmoe62 years old$4,300 a month gross incomePlans on retiring in 3 years, wants to downsize to a more affordable unit in preparation.All seems great to me so far, but upon running his information (I used "MyRental" for the credit/background check), found that he has an extremely limited credit history?
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31 December 2022 | 9 replies
@Gerald DoughertyWe list on apartments, require an application which has credit and background checks prior to looking at a listing at all.This will weed out, like Nathan said, the tire kickers and such.We quit using FB, everyone gets tagged, 99% of them don't or wouldn't qualify, messages in the middle of the night, ect.As far as credit score, we don't have a criteria for that but we analyze their credit history more than looking at the score itself.