Laurent P.
Rent to own help needed
Hello,I have a client who can’t purchase a home right now due to issues with an ongoing divorce, but she needs to get a new place ASAP. I am not too familiar with rent to own, but I thought that could be a solution fo...
Ryan Keenan
Front end/ back end debt
will income from the owner occupied property that you are vacating and renting out be counted on front end debt or back end debt? Also a rental property that is NOT owner occupied is back end?Thanks!
Lore Postman
DSCR lender for North Carolina property
I'm searching for a DSCR or similar lender for a North Carolina BRRRR. Will be ready by end of this year. If you're a lender or have recent experience with one, would you mind providing the following information to he...
Cole Godshall
Seller decides he doesn't want to uphold his part of the contract
I am currently under contract on a house where there are some standing issues with the house. The seller agreed to replace all the windows in the house since they are old and outdated for an increased sale price. We b...
Jason Walkowicz
Tenant Screening
Im looking at using some online screening for my tenants and notice bp recommends the mysmartmove site. It doesnt seem as if they do an eviction search. I was thinking of using Screeningworks can anyone oomment tha...
Kyle Gregg
Cosigned student loans included in DTI ratio?
I have been calculating my DTI ratio and have included all of my student loans in the equation. Question is, if my student loans are all cosigned with my father, how do they figure into my DTI ratio? Included or exclu...
Joshua Strickland
Reserves (how much is too much)
How much reserve capital do you keep in place for your STRs? Specifically when scaling. 3-6 months per property or less once you have 4-5 properties? I’ve typically been conservative, but 6 months reserves for 4 prope...
Anthony Fontana
Bad Debt and Credit Loss
When underwriting a commercial property, what is an example of bad debt and what is an example of credit loss (how does this differ from vacancy loss)?Thanks
Ilya Hvostikov
Tenant Screening Services
Can anyone recommend an online tenant screening website?There are so many to choose from (here are just some I found after a quick search, and my head is spinning from all the options):https://www.mysmartmove.com/http...
Vitaliy Merkulov
Cheapest eviction check?
I know there are a lot of companies that offer eviction, background check, terrorist check in addition to a credit report. But I just want to see if there are any cheeper places to run the eviction check separate from...