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8 October 2020 | 0 replies
Here's what your should be looking out for at your rental property: Scammers will sometimes list a rental property that isn't their own on Craigslist or another open listing site that has vert limited restrictions.
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9 October 2020 | 4 replies
Off the top of my head are- Are there any restrictions for renting?
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9 October 2020 | 2 replies
it's not restricted to agents and lenders, but that is certainly the target application (which I find works well here)
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9 October 2020 | 9 replies
Assuming the current restrictions aren't extended, then I or my lawyer get to file in January 2021, along with all the other cases that have been building up for the past few months.
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9 October 2020 | 1 reply
Another question is which lenders use vested RSU (Restricted Stock Unit) as income?
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11 October 2020 | 7 replies
My favorite use of this, is if after I rehab the property and find my end buyer, I may either sell my option to my buyer OR if they are using FHA financing, which would prevent me from double closing because of title seasoning restrictions, I will sell the property as POA of the seller.
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11 October 2020 | 1 reply
Makes a difference because some rentals have insurance breed restrictions.
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10 October 2020 | 1 reply
That much work tends to scare off most serious non-investor buyers.When offering seller financing to an owner occupant, there are restrictions on the maximum interest rate you can charge your buyer.
29 October 2020 | 18 replies
@N M ClarkeIf you are required to personal guarantee - they will look at your income.Your best bet would be to call up some lenders in the state where your property is located in.People on BP can give you advice but your situation may be unique than most.1) title in trust2) being a trustee and a beneficiary3) having no job4) state lending rules are unique5) add to that its covid and banks are tightening up their lending.
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16 October 2020 | 6 replies
That is one of the components that restricts buying more property.