Ojam Dawson
DSCR Loans with Little to no Closing Cost
I have a single family rental property in PA that I'm trying to refinance into a DSCR Loan. But every lender is asking for a high end closing cost, which leaves me with virtually nothing to pull out from this home. An...
George P.
I am carrying a note... best way to check borrower's credit?
Good afternoonI am going to carry a note on an investment property.Its short term (3 or 5 yrs), high % (10-12), but rather small amount (9-10k).The guy puts down about 40 % of the selling price.Now to the question - w...
William Alonso
What metric are you looking at most to determine investing ?
Hey all investors,I'm curious to know what metric most of you are looking at when determining whether to pull the trigger on an investment. I know you have to take the property as a whole and all look at all numbers,...
Rocky Verteramo
credit reports/ tenant forms
Hi guys!I am in the process of making sure I have all the correct forms and such to get ready for rental home purchases and tenants. 1. What is the easiest best way to screen / check credit reports for tenants? 2. Wha...
Michael H.
Permit process - Dallas
I purchased a home in Dallas that I plan on remodeling. Can I pull my own building permit and sub out licensed electricians and plumbers? I read it’s possible if you homestead the property. However, I don’t live there...
Jay Thomas
Getting contractors in Chicago
I noticed that a lot of cities surrounding Chicago requires a contractor to be licensed with the city before doing any work within the city. This will really limit my options when finding a contractor to renovate my f...
Ray Winner
Cash Out Refinance on Full Cash Purchases
Hi,Does anyone have advice on connecting with lenders that offer cash out refinances for SFHs bought with cash in the SA/Houston/Austin area? Looking for both primary residence and investor loans.
Garret Myers
How many pre-approvals should I get + bonus questions
Hello friends,I've got a few specific questions:- How many lenders do you send your application to for a pre-approval?- Does each lender's hard pull cause my score to go down? (I read it doesn't if it's all within a w...
Account Closed
FL MORTGAGE BROKER: Trigger Leads
BP Investors as well as Loan Originators need to be aware of TRIGGER LEADS. When a Mortgage Credit Report are pulled, borrowers' contact info is sold, over, and over, and over again by one or more of the bureaus to Le...
Daria B.
Cabinet Pulls - does inch matter?
I have decided on getting pulls for all the drawers and doors rather than trying to mix up the pull vs knob.Who has chosen all pulls and what size for the drawers and doors? Are you choosing the same size width? If I ...