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Results (10000)
Philip Calixto How to verify your Property Manager
17 April 2020 | 14 replies

Hi. My tenant recently notified me of a leak in the roof after some recent rain. My property manager went to check and says that the roof will need to be replaced. The property is 1025 sq ft. single story, 3 bed 1 bat...

Kyle Meyers Move In Specials
21 February 2011 | 15 replies

Does anyone do move in specials for their rental units? I have been considering doing something like $100 off the first month's rent or maybe a lower rent for the first 3 months of a 12 month lease. Have you had succe...

Alan Day Lease Purchase Opinion?
17 January 2014 | 9 replies

My wife and I are new to investing in buy-and-hold properties and I wanted to ask the opinions of those more seasoned than we are. I have connected with a wholesaler who finds motivated sellers, gets the property ...

Dewayne Perry What ratios to look at for loaning private money? LTV, LTC?
4 January 2024 | 5 replies

I'm wanting to get into PML. I understand the after repair LTV should be no more than 65-70%. But I'm more confused on the LTV prior to rehab. Let's say a property cost $300K and needs $150K for rehab so total cost $4...

Cole Britting DTI and Renting by Room
26 December 2020 | 6 replies

I know lenders can use 75% of the expected rents for small multifamily when calculating rental income for the DTI, but can they do the same if you plan on renting by the room for a SFR?Also, how do lenders verify the ...

Jessica A. Smith Know a lender?
3 February 2016 | 9 replies

Morning BP,

Background: Currently house shopping. Looking for a multi family to house hacking. Verified w/ lender we qualify for FHA. When I asked about using it for duplex or triplex was told needed 20% down. Also...

Rudy Manna Discrepency in square feet after purchase: need help
27 November 2016 | 23 replies

I bought a bank owned house in Washington state. After purchase I figured that the square feet in Mls ( and based on this I did my price calculation too), is 100 sqft less than county website. Can there be any genuine...

Steven Griffith Tenant Screening Question
16 August 2020 | 12 replies

Hey y'all, I would appreciate some input. I have a unit that a couple has applied for. Their credit is high 600s, background check is clean, and the only outstanding debt on their credit report is a mortgage, which ha...

Anthony Freeman Accredited Investor Form
20 September 2023 | 17 replies

Can anyone tell me where to get an accredited investor form?

Frank Watts Servicing Companies wiping out 100% DTI in 1 year -Pace Morby Pod
16 December 2023 | 17 replies

Hi, I heard Pace Morby on BP Podcast talk about wiping a person's DTI 100% after 1 year simply by using a servicing company. This scenario would be if I took over a mortgage via subject to and the seller would not hav...