Kenneth Silva
Going to try a hybrid BRRRR with a 203K loan.Need advice!
Aloha BP family. So I am a newbie in the REI world and want to try a unique BRRRR based on the current situation/ portfolio I have. Currently I have 2 single family homes. the 1st I rent out and the 2nd I live in. ...
Terri Stoddard
Taking a Mortage without a JOB
How difficult is it to obtain a mortgage - even with 800+ credit, if you wait to take out a mortgage until after quitting your job?
Tyson Scheutze
Dude, Where's My Resident?
All the emphasis and effort on renovations and inspections is ultimately an attempt to control the controllables enough to create a desirable home for a future resident. Once a home is “rent ready,” it signals the bat...
Mark Shelstad
Contractor for half done job
I'm interested in what to expect from the contracting community when I take over a project that is a half done total gut rehab/addition. Rough inspections have been passed; next step is wall board. Will GCs have a re...
Ryan Tessier
Mortgage Assumption and Due Diligence
I'm in a situation right now where I have a motivated seller who wants to unload a 3 family in a nice area. It's an FHA Loan with what I estimate to be about $100k in equity after appreciation. I want to assume his lo...
Rob K.
Tenant prospect who filed bankruptcy - not yet discharged
I had a call today from someone who filed bankruptcy and is making payments on it. It won't be discharged until later this year. Based on our phone conversation, they had a bunch of past financial problems and their c...
Yavor Tomov
About to close on a duplex and have a question regarding current tenant.
Hi All,
So about to close on a duplex and one of the units is already occupied. What is the best way to notify the tenant regarding new emergency phone number and rent payment address? How do you guys approac...
Christian Hutchinson
reasonable alternate income verification
I have a unit that I am renting out for 750/mo.A couple wants to apply who just relocated from Taiwan. They do not have current jobs, and have been out of the Country for 3 years. They were working in Taiwan. I wil...
Cameron Porter
Meeting wholesalers in detroit
Hey I’m going to investor
Meetups and I’m meeting wholesalers. I’m just trying to see how to leverage them using my mls. How do i find off market for them
Jerry L.
Tenant Screening single mother of 3
No offense to you single mothers. I'm in the process of screening and one interested person is a single mom of 3, she's rented her current place for 5 years, has excellent credit, and no criminal history. At least she...