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...
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...
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...
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...
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 ...
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...
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 ...
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...
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?