Josh Kliethermes
Seller backing out
14 June 2024 | 2 replies
I have a signed purchase agreement with the seller and have proof of being able to go through with the purchase on my end (financing good to go, title company set up, etc.).
T. Alan Ceshker
Wraps and due on sale clause
15 June 2024 | 87 replies
You lost me completely by your failure to understand that if a buyer approaches a seller and offers to take over their property subject to the lender's lien, and stops paying and puts that borrower into default or, if the borrower was in default already, that "buyer" may run afoul of local/state laws and may be accused of equity skimming.
Robert Posta
Attention: Beware of Non-Bank Fintech Apps
13 June 2024 | 4 replies
Limited Regulatory Oversight: Fintech companies that operate without a banking license may not be subject to the same regulatory scrutiny and consumer protection measures as traditional banks.
Rob Harnden II
What do you do if only one applicant's credit score is high enough?
14 June 2024 | 10 replies
There are many alternatives you can use, I would urge you to check your local laws but I know here in Cleveland, OH we can charge an increased deposit or we can also require a guarantor (who can have different credit req. then someone living in the unit) It's important that no matter what you do you do it for everyone going forward, making exceptions for screening for some but not all can become a Fair Housing issue.
Lisa Rodriguez
Best Property Management Software?
14 June 2024 | 13 replies
They cater to the smaller door count companies and investors.
Michael Soukup
Need advice on an idea for acquiring first property using my VA loan.
14 June 2024 | 7 replies
Your VA loan does not transfer to company structures.
Raj Balakrishnan
Section 8 rentals in Baltimore
14 June 2024 | 8 replies
@Raj Balakrishnan happy to introduce you to a local leasing agent who only does section 8 rentals and has a great reputation and rents most of our section 8 properties.
Hayden Thomas
Help starting an LLC
14 June 2024 | 10 replies
I hire a company to do the advertising required.
Niraj S.
Toccoa GA Rental Market
14 June 2024 | 2 replies
I spoke to a local agent based out of Toccoa and she seemed to be very upbeat about it but I wanted to take opinions from investors who actually own rentals out there.
Suzanne Marlatt
SFH converted to two dwellings for college students
13 June 2024 | 2 replies
The home is spacious enough to house 11 young college students; at a local growing private college.