Jack Forester
Where to credit seller paid closing costs (I'm the purchaser)
Okay, I bought a new rental property and had the seller pay 2% of closing costs (max allowed by my lender). Under the new Closing Disclosure form (no longer the HUD form), it shows nothing specifically paid by the se...
Anne Christensen
Loan Information Needed on Out of State Investing
Hello,I am most likely going to be investing out of state but I have selected which state just yet. I'm considering several states. Is it best to obtain a loan from a local lender or a lender in my own state, where ...
Nathan Gesner
Do you support reusable credit checks?
Illinois is poised to become the 7th state to require us to accept credit checks from applicants. The intent is to cut down on the cost of applying for rentals, particularly for renters that have to apply more than on...
Esther Page
Applicant has good credit, but terrible payment history - deny?
Had our very first tenant apply--good credit, 7x the income, nice guy, but I want to deny him -- can I?
He has a very poor history of on-time payments after seeing his credit report (like 60%) -- but his score itse...
Account Closed
Buy property Now or build resources?
Hi guys. I'm very new to real estate investing. I finally have some funds from the sell of my previous primary resident. It's been 2 months since the transaction, so I have $30k sitting around, and my credit score als...
Adrian G.
Can someone explain to me....
Every month I read magazines like Affordable Housing|Finance, and etc an I ALWAYS see advertisements for "Tax Credit Investments" & "Tax Credit Equity" & "Tax Credit Exchanges" & and my personal favorite ...
Conner Hitchcock
Applicant doesn't want his credit pulled.
I have an applicant that doesn't want to pull his credit (doesn't want to take the hit for a hard credit check). They are offering me a report from Rentspree that THEY ran. I would still follow up with the employer f...
Malcolm Darensbourg
Establishing credit ?
Hey everyone !
I am a 20 year old newb who is just starting to establish credit? Does anyone have any advice on what to do and what not to do ?
Account Closed
Should I rent out my room to this person...
She is 24 years old. Moving out of her parents house for the first time. She just toured my house with her dad. Shes from peru but moved here a decade ago. I live in utah and I feel like shes super super mormon. Not...
Jack B.
Sell or hold this vacant rental?
6 months vacant, lowered price twice, $400 under market, still can't find a tenant for one of my rentals. Have about 300K equity in this one. Type of tenants it attracts are not great. Everyone want's to apply but the...