Hello everyone, I have received a application from a tenant who has bad credit. 574 scoreShe makes extremely good money, 8k per month offshore. Should I make her give a larger deposit?have a cosigner?move on and find ...
If ficos and income are not the issue, what do they look at in a borrower?I'm looking into taking this route in hopes I can get a loan. My situation, My middle score is about 610. My business income(RE commissions, et...
I have a remodeled, multifamily building in an smaller, old railroad town which has been down on its luck for a while, but seems to be slowly improving. As such, the core neighborhoods are pretty scrappy looking and m...
View report*This link comes directly from our calculators, based on information input by the member who posted.Hi All - I am practicing analyzing some deal for a BRRRR, and believe I have come across ...
Hey Guys, My wife and I recently bought our first brrrr duplex. We have completed the rehab and now we are in the process of tenant screening. We have been going through Brandon Turner’s book the Ultimate Guide to ...
Folks! I am exploring installation of roof top solar panels to a) reduce the utility bills (Owner paid utility situation), b) to replace an old roof part of this deal so it can be depreciated quickly!Of course, it's g...
Hello all, I live in Bergen County New Jersey which is a pretty expensive market. Any decent multifamily is going between $450k-$500k. I make $70k and have a 760 credit score so that should help with interest rates an...
Is 2020 recession hapening and how will it affect the real estate prices ?
For your reference, I was going through this post. I started putting together a spreadsheet to perform a side by side comparison. However, this is over-whelmingly large number of service providers. Thought I should cr...
Hello there!Given that it's super difficult to find flip properties in Arizona I'm wondering what I should do with a property I'm about to purchase. Seems like "wholesalers" around here are more like "retailers." The ...