Mohamed El Mahallawy
School rates: what is acceptable and what to stay away from?
Hello all!
New to this. As I am searching online, I have some questions about school ratings. If school ratings are 4/10 (example), how to weight it against 8/10? Is 4 unacceptable while 8 is really great? Said di...
Eric Geurkink
offer accepted on duplex. On inspection, power off in one unit
First time buyer, been looking and studying for about a year. Finally found one that the numbers made sense and made a good offer and it was accepted. I was told that the tenants were month to month and paying the ren...
Mary White
Help Please...Our offer was accepted and we need funding advice
Okay, we're looking for some help. We have an accepted cash offer on a foreclosed 4-plex. We need to generate some funds for the purchase but from what I can see most of the lending is for fix and flip situations. Thi...
Jason Ray Richardson
Do I have accept Section 8 for all of my houses
Not sure if this is the right forum (this is my first post). I am currently renting in my hometown and not accepting section 8. Obviously because of all the horror stores told on bigger pockets and that I've heard els...
David Socia
Do you accept Co-Signers on Leases? Why or why not?
We own several rentals in an area of our town called Midtown Revitalization District. this district is sandwiched between 2 major hospitals and a junior college. All of our rentals are new construction duplexes and ou...
Lindi Nguyen
My first offer accepted on an SFH! Financial Modeling gut check?
Just got an offer accepted on my first investment property!! Anyone care to take a glance at my financial modeling - see if any errors jump out at you?https://docs.google.com/spread...
Peter Walther
FNMA to accept Attorney's Opinion Ltrs in lieu of title ins
Recently I read Fannie Mae has agreed to accept Attorney's Opinion of Title Letters in lieu of title insurance. I assumed it would be just a matter of time before someone would try to game the system. United Wholesa...
Terri P.
CA Landlords -- any laws re: accepting 6 months rent in advance?
I have a prospective tenant who is self-employed and has a 700+ credit score. No issues from his background check and no history of evictions. In his rental application, he offered to pay for a year lease upfront. My ...
Jacob Younger
Accepting a "gift" as a downpayment w/ my FHA loan concerns
Hello,So I am planning on using my FHA loan (3.5% down) for my first residential/multi family property (4 units or less). I would live in one unit and rent out the others. I know it's possible for me to accept a gift ...
Ramsey Rimkeit
Do you still accept ONLY checks for rent? Why? Why not?
Do you still accept checks for rent? Why or why not?The property management company I work for refuses to accept any form of electronic payment. Although they were unclear on the reason for this in response to my last...