Parker Ernsthausen
LOOKING FOR INPUT ON NEXT STEPS TO SCALE - Mid Level Investor
21 March 2024 | 9 replies
We will be selling one high equity house with low cash flow, and transitioning into high cash flow houses in an area where we already own houses.
Lisa McKinney
HELP!! How to Structure part finance/part seller buyback
22 March 2024 | 3 replies
Forced “partnerships” just have a very high probability of failure.The first thing I’d do is check out the buyers personal financial statement.
Joshua Walker
FHA Loan Appraisal -Safety Issues
21 March 2024 | 1 reply
You'll need to just get the work done and I highly recommend NOT arguing with the appraiser over it.
Albert Johnson
How deeply do you look at credit risk?
21 March 2024 | 6 replies
According to Experian "78% of U.S. consumers' FICO® Scores are higher than 620." 620 is objectively a very bad credit score with a high probability of delinquency.For my rentals, 700 is the minimum and any applicant with lower credit score will need someone else to serve as a personal guarantor.
Ryan Thomson
Should I House Hack or Rent?
21 March 2024 | 0 replies
Interest rates and high purchase prices are pushing a lot of people away from buying.
Andre Brasser
HELOC on primary residence due if I move and rent it out?
21 March 2024 | 11 replies
I suppose if that LO wanted to play by the rules and tell whoever needed to know, they could have ended up calling the loan, but seems highly unlikely that this would happen especially if you are making your payments on time.
Demitrius Holmes
Real Estate CPA recommendations in Atlanta
19 March 2024 | 3 replies
I'm also looking for oneIf i could chime in and help in the search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.
Gene Jung
Where is rental demand?
20 March 2024 | 6 replies
In SFR if prices rise supply drops, high interest rates makes cash flow for new investors go away and supply drops.
Stephen Bruce
Tenants without a Lease?!?!
21 March 2024 | 16 replies
In the meantime, I highly recommend "Every Landlord's Legal Guide" by NOLO.
Tom Pubins
Property marketing manager.
21 March 2024 | 9 replies
Hey @Tom Pubins - I would highly suggest using www.hemlane.com they syndicate to many different sites and have a very clean platform to manage tenant screening.