Luis Quintero
On the verge of buying my first rental
I am on the verge of buying my first rental property, I am 18 years old and was wondering if I could get any feedback on how to get a tenant quickly and what steps to go through when finding a tenant. Such as a proper...
Steve C.
credit report for tenant screening
I used apartments.com to get credit report for screening tenants. I am trying to understand credit report for the purpose. Overall score was around 530. 1. This report I see "verified" date (say recently like 1 week a...
Shannon K.
Is This Situation Even Legal?
Hi everyone. Quick question. My friend has been offered a job as an agent at a real estate company and the prospective employer asked him to bring in his most recent W2 during the next meeting they have. Is that legal...
RJ Schmertz
Accredited investor question
As I understand, you can qualify as an accredited investor if you've made 200k for two years and reasonably expect to continue. I assume this is based on AGI on your tax return?
My question is, could I qualify if in...
Buck Sugden
Co Share Friendly Lenders?
Hi All,
I am looking at finaincing and rehabbing a current 10unit 5bdrm per unit building into a ch-share/pad split style property. I am wondering if anyone has used a lender who has experience with finaincing on th...
Myla D.
Need funding for investment property purchase as downpayment
Hi. Is there any creative way of getting funds asap using my house as collateral? Personal or business loan.
I've tried HELOC & cashout refi but knowing all the current rates now, fees and required interest &...
Trisha S.
What are the Abandonment Procedures?
What are the Abandonment Procedures?We had a tenant move out and sent a text saying she moved out after we contacted her with Pay or Quit for the month of October's rent. She still has the keys, but verified she has m...
Sean Welch
Transactional Funding
What happens when you want to close on a wholesale deal using transactional funding but the end buyer wants to see the property first? How do you go about this
Brian C.
Screening Tenants
BP,
I'm a fairly new landlord as I have had only 1 unit for the past 1 1/2 years and just acquired my 2nd unit about a month ago. I'm going through the screening process right now and I do not know how far ba...
Ryan Ellis
In search of examples of private lending loan paperwork.
Getting ready to borrow money from a private lender. Private lender wants me to draw the paperwork up and send to him. Does anyone have a good example of what to use? 20k loan on a 26k rental property.Thank you!Ryan