Alex Waite
Qualifying for Long Tern Rental
I currently live in my primary house with a mortgage and have a car payment and student loans. Every loan officer I have talked to so far is saying I don’t qualify for an investment property because of my DTI. Obvious...
Skye Anderson
Rental Income as Qualifying Income?
I am new to real estate and hear two opposing things about whether you can use rental income to qualify for a loan. My understanding of the BRRRR Strategy is that you can claim 75% of the rental income to qualify for...
Matt Liu
Increasing stated income to qualify...
So admittedly I have some flexibility with how I file taxes since my income comes from my sole proprietorship (music teaching). I'm planning on stating around $25,000 in income this year (a lot for me) in order to hel...
Abel Vazquez
Pre-Qualifying a property manager.
Hello BP,
I hope every one had a great weekend. I am on the search for a property manager that will manage my future rental property was looking some tips on how to pre qualify a property manager. What are so...
Jesse Holshouser
Will I qualify for FHA?
I have a traditional loan on my current home. I want to use an fha to get a triplex and live in one unit while keeping my home as a rental property. Will I be able to obtain an fha loan while having a traditional loan...
Richard Jahnle
How to deny qualified tenants
I showed my rental unit yesterday and had 3 couples apply who all meet my criteria. They all emailed their applications within 4 hours of each other. They are all qualified but my gut tells me to go with the 3rd set o...
Matt Herbert
1031 Qualified Intermediary in NH
Hey all,I'm doing my first 1031 exchange. I'm selling a piece of land I've held for the last 13 years, and putting it towards a SFH. I was not originally intending to do an exchange, but a FSBO showed up on my radar e...
Eddie Martinez
Getting Qualified for a Loan
Hey BP Nation!
I am trying to obtain my first rental property. And would like another set of eyes to analyze this with me.
4 plex @ 130k (All 2,1 with utility room. 800sq ft. The upstairs units have a b...
Brian Johnson
Qualifying Tenants, is this ok?
Hi All,Currently looking for new tenants as my current ones gave me the notice that they will be out at the end of July. I've been getting a steady steam off hits off of craigs list and zillow, and I just showed the u...
Account Closed
Qualified Intermediary - Detroit Metro area
Can anyone recommend a good a Qualified Intermediary in the Detroit Metro area for a 1031 Exchange? No disrespect, but I'd prefer responses from homeowners/investors who have worked successfully with the QI and can re...