Hello, I'm not real familiar with the mortgage process. Someone put in an offer for a 2-flat I'm selling with about 1% earnest money and a mortgage contingency that says he has 2 months to fully qualify for a mortgage...

How do you evaluate a renters ability to pay if they have a non working girlfriend and child?I know 3 times rent is rule but do you increase this by the number of others in the home?Also what to do with people who cla...

Hi Everyone,I'm a newbie investor from Hudson County, NJ with an interest in multifamily properties. I am teaming up with my parents on my first deal. We put in an offer (which was accepted) for a property advertised ...

Getting rent comps is one of the most crucial and time-consuming parts of underwriting. The number one rule is to not believe the broker’s rent comp at face value. Remember, “trust but verify” everything. Remember, th...

This question popped up in a conversation I had with a fellow note buyer today. We are buying 1st position NPLs mainly in the southeastern US and all loans are boarded with FCI who has the proper licensing required. I...

I have the opportunity to buy 3 room in houses (33 total units) that are in a good town and in great shape. The properties are totally renovated and have about a 12 cap. I am a seasoned investor but I have 0 experienc...

Starting out, do you need to go get a pre-approved through a bank or lender before looking for your first house to flip?? Or do you find the house then go get approved? I heard that if you don't have pre-approved most...

We thought we found two very nice tenants. After background check, the lady showed no apprent issue. But the guy had one civil judgment in 2006 and filed chapter 13 in 2004. Should I deny their application? Thanks.

Im a virgin landlord looking to buy my first rental and was hoping to get some feedback on my analysis before I make and offer. Iv over estimated the expenses that I have verified and under estimated the rents. Bu...

Hi Team,I am in the process of purchasing my first deal through a wholeseller (purchased others through MLS etc) and I have ran into an issue and was looking for some advice. I just got the commitment for title back a...