As I am screening applicants, one of the applicants has low credit score (500+), no bankruptcies, no evictions but has late payments.a) Tenant is willing to put down 1.5 month security deposit (state allowed maximum) ...

Thanks in advance for any/all assistance provided....After working for over 25 yrs as a marketing communications executive, I left my job in 2014 to stay with my father, who was ill. I haven't re-entered the job force...

Hi Everyone,My name is Michael, and I'm a traditional turnkey investor. I have an opportunity that conventional or DSCR lending won't finance. It's for lease option investing, where the tenant brings in 10-20%, and us...

Hi I recently had a tenant pay a full year rent upfront. Now my prop manager is saying he can only pay me monthly and not give me the full years rent as it is not legal. I have done zero research into this but figured...

Hey Everyone,As many of you know, Pittsburgh is a unique market with a lot of opportunities in neighborhoods where properties can still be purchased for less than $100K. However, many DSCR lenders have a minimum loan ...

I'm a new landlord about to put my first apartment up for rent. I know in NYS you can only charge 2 out of the three when it comes to 1st month rent, security deposit and last month rent. Would it be legal to charge l...

hello all,Bought a MF in 2014 and now I am filling out the tax forms!On the HUD-1 settlement form, I received a credit on the purchase of the MF for the security deposits and the rent collected from the beginning of t...

I want to try to secure an FHA Loan for a house hack, multi unit home in Chicago.  Ideally a 3 flat, with at least 3 units, but 4 would be better for cash flow, obviously.  These are not cheap.I made really good incom...

I'm attempting to purchase a property with a tenant already in place. The plan is to purchase the property this month. However, the purchase agreement that my agent wrote up has "The possession of the Property shall b...

Long time listener, first time caller. First property was primary residence but I am focused on acquiring a 2-4 flat income property with the goal of cash flow. Primary residence was a foreclosure. In the first year I...