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Could I get some feedback on my qualifications for my SFH? Are they too strict? I am in the east region of Dallas. Thank you!Income must be 3x the rent. Credit score must be a minimum of 680. No evictions, bankruptci...
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Good Morning All,What's your minimum rental criteria in 2021 to rent your properties?
If possible, list the state your properties are in and the qualifications in these areas...
Rental History:
Income:
Credit:
Le...
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Hello Bigger Pocket Family !!! This question has been a lingering one, and I have yet to see a clear answer on this one in other forums. I have a question for all you lenders out there. If there is enough proof of ass...
I'm trying to qualify for my first home that I will turn into a primary residence and rent the rooms out. As my first investment, I've determined this will be a great way to get started in the real estate world. I'm i...
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Hi,Does anyone know if SmartMove uses the combined income of two applicants in meeting the 3:1 requirement? I currently have an Applicant and Co-Applicant. The applicants reports came back with a "decline" recommend...
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Just wanted to get some feedback on some questions regarding screening. I appreciate any thoughts you may have. When a prospective new tenant calls about a property I'm assuming you do a screening interview over the ...
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Hi, I keep seeing questions on tenant qualifications. Here is a list, follow it and you shouldn't have any problems vetting your next tenant. I hope others will post their suggests.1. Only review completed applicatio...
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Morning! When searching for a property manager what are some of the green flags you look for during the interview process that signals this person(s) would be a great property manager. Alternately, what are red flags ...
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The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...
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Hi all,
I am a first time real estate investor. My question is, if I purchase a home using a non-FHA loan from a bank to fix and flip a home, would I still be able to qualify for an FHA loan in the future?