Account Closed
Legally 'Kosher' Tenant Screening Questions (California)
what can i ask, and what can't i ask?most everyone that calls just RUSHES right into 'what's the address' and 'when can i see it'.nowadays, most dont even introduce themself over the phone nor seem to want to divulge ...
Larry K.
How to refi a rental without a W-2 type of job?
As I have heard, traditional lenders (banks, S&L's) want you have a W2 to refi a rental (ie long term 30 years, 75 LTV, 5% at this point in time).
What are your options if your employment situation changes? Th...
Bienes Raices
College students -- source of income
A college student called who wanted to see the place. I asked him if one of his parents was going to be the cosignor and he said no. I told him that I needed gross income to be at least 3X the monthly rent and he said...
Elizabeth Perez
Loans for self employed?
Seeking Advice: My husband and I own two SFH and rent them out for $875 & $1000 a month (we sent out $25 rent increase notices last month). $900 & $1025 is our new cash flow not accounting Taxes ($1000 a year ...
Ray Hollins
Denied Loan even w/Great paying Job, DTI and credit score
I suffered a kick to the stomach today. I work in the healthcare field, I make good income, receive a W-2 but I only work in 3 month throughout the year for multiple employers. My plan was to purchase my very first pr...
Leland S.
Getting home loan with new S-Corp
I took a contract job a month ago in Phoenix where I organized as a 1099 contractor for tax benefit. Now lenders won't give me a loan. I am in the same industry and could switch back to W2 for a big hit in income. I w...
Eric Wong
Is it possible to cash out refinance free and clear investment properties?
Hi! I used a HELOC to purchase two SFH around ~250k each as cash deals about 2 years ago. Are there any options for me to get a fixed rate loan on each SFH so I can pay back my HELOC. The interest rate on the HELOC is...
Jason Westlund
Title and Liens - Best practices
Hello all.
I see from looking at foreclosure listings it warns that not all liens would be removed after a foreclosure sale. How can I get an understanding of what to watch for? Any best practices or guidance?
Thank...
Darvis Lee
Financing issue on second property
So I have a single home property for the last 10 years, I am only one on mortgage but I have family members on deed. My family have been paying everything for that time but I never set up as investment and make no inc...
Josie Foreman
I just had a tenant move out without giving notice
I/m in Dallas Fort Worth i just had a tenant move out without notice. What are my rights and what do i do next.Thanks Everyone!J Foreman