2 March 2016 | 11 replies
Some criteria you should have a clear cut answer or might be as follows.Income to Rent Ratio - (Monthly Gross Income = 3xMonthly Rent)Credit Score - (600 or 650 or something like this)Credit History - no late payments within X number of monthsOther Debt - factor other debt into the above Income/Rent RatioReferences - how many and from who, and then contact them.To answer your question directly, I probably would not rent to this person.
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3 March 2016 | 5 replies
According to the Mortgage Bankers Association (MBA), GSE loans currently comprise approximately 43% of the $1.02 trillion of outstanding multifamily mortgage debt in the U.S.
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6 March 2016 | 9 replies
We have a mountain of student loan debt and have faced some challenges that would have crippled us without my vision and her ability to plan.
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3 March 2016 | 4 replies
At that point I will be completely debt free and able to redirect money into investment properties.
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18 March 2016 | 3 replies
You only have a debt which is attached to the property.
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3 March 2016 | 2 replies
You own the home and have taken possession of the lease, so you are now entitled to any money collected for that period, in this case it sounds like it would be pro-rated to you.
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3 March 2016 | 4 replies
Hi Cody,My first day after taking possession of a 3-unit property was actually heady.
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3 March 2016 | 4 replies
In most places, conservators must obtain court order to sell or encumber real property.Additionally, the equity may be used up by nursing home debts or your state's DHCS claims even though no liens (yet).Your other chooses might be to buy any private debts if you have any experience buying notes and foreclosing.
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6 March 2016 | 16 replies
Security deposits are not a Landlord's possession until a tenant literally damages the place is inspected by a professional contractor or handyman write you out a repairs estimate.
3 March 2016 | 4 replies
My debt would increase from $360K to $525K.