Hi all, I am just starting out. I bought a rental in NC and someone told me that the rent money has to go into a separate account that just is for rental income.... is this true?
Since it's ideal to approve a rental applicant with income 3 times the rent, I wonder if combined income of multiple applicants over 18 who will be living in the unit qualifies this requirement? Or is it best to have...
I have received 3 applications from a group wanting to rent a unit, however two stated they have bad credit and one has no credit. Can I deny them based on this information alone, or do I still have to have them to pa...
Hello everyone. Okay so we've sold our house a few months ago and are renting now. We've decided to start buying and renting out properties within the time to come. We just spoke to a broker and got approved for up to...
Do you need really good credit do get a short term loan for 70% ARV from a hard money lender?
Someone told me they don't look at your credit or income they only look at the deal. Is that true??
I did a search and found no threads on this subject. I am putting an offer together on a property that has wall paper. I saw them take it off with vinager and water on TV the other day. Any one here have any comments ...
I have been on this forum for a while now. I realize one of the biggest problems in real estate is finding capitol to invest with. At the risk of sounding just like one of the many other people complaining about the d...
The International Monetary Fund (IMF) has published the results of research conducted into how lenders are likely to be doing their business in the future, and what new information and personal data these companies pl...
I listed a townhouse in a very desirable neighborhood outside Portland, OR 1 week ago and have only had 2 serious inquiries. I'm hoping to get it rented out by Sep. The first applicant is a family already living in t...
Trying to do a refi on my house was wondering who some of the best lenders are. ?
Currently best I could find was 2.65% 0 points on 7/1 arm
Looking to get 30 yr fixed around 3 with no points.