To give you a brief overview of my situation... I'm from the UK, my wife is from Michigan. We currently live in the UK but will be moving back to Michigan next year. I'll be a full time real estate investor.
I'll h...
So, I told my tenant that I will putting the house on the market and they will need to move out soon. They expressed interest in buying the place, we came together on a price, and they began to pursue a mortgage. (Fin...
For those who looks at Credit Score when screening tenants, what's the minimum score you would consider?
I was interested in the property that was listed on auction. I went to one of the websites to check Lien/Mortgage etc on the property. I can read the document but cannot summarize it to how much money is owned on the ...
Hi BP!What's your process and requirements for screening tenants? I'm in Texas Thank you
Rental real estate is traditionally an excellent medium-to-long-term investment from a financial standpoint. But the idea of dealing with difficult tenants is at or near the top of the list of why many investors do no...
I requested in writing to have the PMI removed from a conventional residential mortgage loan. The loan is less than a year old. My LTV is 78.7. Per the closing documents and Freddie Mac guidelines, I made a conforming...
Hi everyone,
Long story short, my partner and I purchased a home in Cleveland but unfortunately now we are facing a problem. I'll explain the situation:We found out that the seller of the home forged documents indic...
Had 3 people stop by my rental house to view it: a father and 2 teen sons. They said that was all the people who were going to move in. Received their applications today, same story.I called their current landlord and...
Hello! I’m not sure if what kind of loan I should go for when it comes to rental properties. I have zero debt and my credit score is 778. The only problem is that I don’t have 2 years worth of work history. Are there ...