Verifying last 2 years of rental history very important!

Verifying last 2 years of rental history very important!

Quote from @Patricia Via: Why lower your standards or add risk by accepting tenants with quirky history?

Old school investors typically value it more.

If you're asking how to get a general purpose loan to the LLC, then that's not going to happen without several years of operating history and organized financials for a CRE lender to underwrite. 

Explore neighborhoods with good schools, low crime rates, and rising home values.

I put my criteria clearly in the listing: 3x income over rent, 85% on-time payment history on credit report, and good references from past landlord.The biggest mistake you can make is taking the word of a current landlord.

They care more about the asset value than your own credit history.

My first attempts to get a loan ended in some pretty humbling experiences (getting laughed out of a couple of banks due to zero credit history).Fast forward to today, and after building up some credit, a stronger W-2, and a solid professional background, I’m finally back in West Palm Beach, Florida, looking to make my first deal happen.

Real Estate CRM software stores organized data about leads and customers, such as personal information, communication, and purchase history.