my spouse has a felony where adjudication of guilt was withheld. theft in the workplace for a small amount but large enough to reach the felony threshold. It was so stupid; we fell out about it and then reconciled. Th...
Hi All! I could swear I heard something on the biggerpockets podcast talking about DSCR loan presentation documents of some kind. Basically, what I maybe thought I heard was a general outline of some of the document...
I would love to hear from the BP community what they believe are best practices of being a landlord? We are in the process of updating our documentation and procedures, and I want to make sure we are not missing anyth...
:superman:
Does anyone know if defaulted student loans counts on your credit as bad as bankruptcy? They have since been reconsolidated.
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...
Investment Info:
Retail commercial investment investment.
Purchase price: $1,600,000
This property was purchased due to it's stable cash flow and motivated seller. The seller was having problems with hi...