Jordan Sand
Reporting late rent to Credit Bureaus
I have a couple of past due tenants (include 2 who have moved out). I want to report to the Credit Bureaus -- has anyone used Rent Recovery Service or any of the other services?
John Acheson
How do CRE lenders calculate "net-worth" to qualify post deal?
I'm just getting started in CRE research and am focusing on understanding traditional financing. From what I understand so far, the asset matters more than the borrower's income BUT many lenders have a "net-worth" req...
Julio Gonzalez
Green Energy Tax Credits for Homeowners
Did you know that as a homeowner, you are able to take advantage of green energy tax credits? These tax incentives can help offset making energy efficient upgrades to your home. There are two tax credits that are avai...
John Lee
How to file contractor tax W-9?
When it time to file contractor W-9, do i include his credit card fee he add on to the bill in the total? or just what is in the contract?
Jase Hackman
Should my wife be a co borrower if she does not have income
Hello,The question: Are there any reasons I should include my wife as a co-borrower if I can qualify on my own and she has no income? Context:My wife and I are looking to get pre-approved for a mortgage as part of our...
Brian Acosta
Waive Tax/Insurance Escrow to Lower DTI?
Looking at how to improve my DTI for next purchase and noticed that the mortgage payment on my credit report includes full escrow (taxes/insurance) which is significant at $1,200. Since its on my credit report it will...
Wenner Nunes
Rental Application - Missing Anything? Too Much?
Hello everyone,I wanted to get your thoughts on the following rental application for a New Jersey property. This application covered most things - but I'm wondering if there's anything that was left out of if it's ask...
Jerry Poon
Mortgage from Private Lender or Regular Bank?
I am seeking a loan, and I have a few options between a private lender and a regular bank. The terms are similar. What are the pros and cons of each?Will the private loan show up on my credit?And lastly, what are the ...
Max Creasy
Primary or Investment Property?
So... the big question I have is whether or not to buy a primary residence or an investment property first. My fiancé would prefer us to get into a primary residence first BEFORE kicking off our investing career and i...
Jamie K.
Should tennant's wife be on the lease if she's not living there?
Hey BP! Ive had my first rental property up for rent for a week and I'm going through my second application screening. The tennant's background and credit check passes and all minimum requirements are met. He was relo...