Kristine Eickman
Do you allow child support as "income"
I have an applicant that only meets my 3X rent income requirement when she adds in her child support payment. And meets it only by $50. Do you allow people to use child support as "income"?Her smart move report came b...
Danny Stern
floodzone advice offer
I am purchasing my first house, and had an accepted offer on a property. offered 260k and appraisal came back at 263k. now the owners said originally the house was not in a flood zone anymore. turns out they lied and ...
Jonathan Plair
Hard Money Loans
Can you get hard money loans on properties that you own free and clear...maybe even with a tenants in them and use the properties as collateral?
Victor Lee
Can I include minimum Qualification criteria on a rental ad ?
Hi All - Wondering if I can include my criteria on the listing so only qualified tenants reach out or would I be breaking any rules? Driver is I want to save time in showings and during pre-screening.So is below lang...
Mark Douglas
Documentation Required with Application
I'm thinking about what all I'd like to see come in with a rental app. Here's what I've got:- Copy of SS card and 1 alt. gov't issued ID (Driver's, passport, etc)- 4 weeks of paystubs, or most recent benefit letter s...
Trent Hicks
Getting Property under contract with no money
Hello BiggerPocketsMy name is Trent Hicks, Im a newbie living in the Metro Detroit area. I have no money and no real estate experience but Im hoping to get started in investing by using my close friends and family as ...
How Smith
506c lender varifacation ?
has anyone had to have a lender verify proof of net worth for SEC 506c acredited investor guildlines ,,,,, If so how did u approach the lender to give you proof to verify what there net worth is without looking lik...
Travis Hewlett
Soundproofing a Basement Suite
Hello BP,I have a 1969 Bungalow with a basement suite downstairs. We are currently living upstairs and have tenants in the suite. The upstairs has original hardwood that I re-finished and oiled. The floor has been pre...
Samuel Ruelke
Apartment and FHA loan on first 2-4 unit property?
Hello everyone! So here's my situation: I just signed a new apartment lease but I'm not going to let that hold me back from purchasing my first property... My questions is this: when it comes to and FHA loan, is it po...
Will Moore
Hard money application
I have recently received some real estate investment training and they have been telling us in class that to satisfy hard money lenders, all we have to do is to submit an app, get approved and print off the proof of f...