Jose Guillu
Zero percent business credit cards at zero percent
Hello. I'm coming across FB ads offering large lines of credit for businesses at zero percent rates, in other words, possibly eliminating the hard money lenders. Has anyone seen these? Are these BS?
Wendy S.
Mortgage first or LOC
Good day all. So my daughter finally got her offer letter which is pretty decent. Now here is the thing, I'm wondering is it better to have her apply for a line of credit now, just to have in case we see a cash deal, ...
Benjamin Amaral
Canadian Applicant with no SSN
I just finished a total gut and rebuild of a duplex after a fire, and listed my 2 units a week and a half ago. Very few hits at this time. I am asking for top of the market rent, which certainly has something to do wi...
Lance Lvovsky
Tax extender bill passed - refund opportunities may exist
Congress, US Treasury, and the IRS have been involved in a flurry of activity at year end. Congress passed the Taxpayer Certainty and Disaster Tax Relief Act which is effectively a tax extender bill, and then also pas...
Marc Izquierdo
Speaking to one of the multiple denied applicants about denial
Hi Everyone,I am denying two applicants (co-applicants) that applied for one of my units. The two applicants are not married. I mainly communicate with one of the applicants. After I denied them, she is asking for ...
Robert Hastings
Using rental income for mortgage app
If you have a unit that rents for 500/month and from that unit you cash flow only 150 monthly and you have over two years documented income on tax returns, you will only be allowed to use 75% of that "cash flow" incom...
Kyler J Sloan
Financing Renovation without tapping equity
I am in the process of getting a short-term rental ready, but made the mistake of applying for renovation loans AFTER the mortgage went on record, making my DTI too high to qualify for personal loans such as Sofi. In ...
James Kim
2% cap on seller credit for qualifying loans
Hello,thank you in advance for your responses. My question is whether the 2% cap on seller credit applies to credits (rate buy down cost, closing costs etc) only applies when the credit is coming from the seller?Does ...
AJ Bramwell
How to get loans without hurting you credit score
Is there a way to get pre-approval without hurting your score? Does the bank need to pull my credit each time I apply for a loan?Thanks
Keith Smith
Potential tenant with no SSN
Had a potential tenant who contacted me and stated her husband doesn't have a SSN. On my application I have applicants must have a SSN but never really thought why someone wouldn't have a SSN. Why wouldn't someone hav...