Adam R.
Proof of Income & Expenses on Property
I just signed a P&S on my 1st commercial property. On the P&S I requested the past 12 months of income and expenses. What should I expect from the seller as far as detail? Just a pro forma income/expense sum...
James Allen
If Motivated seller asks for proof of funds (Wholesaling)
What is a good response if a motivated seller asks me for proof of funds when in reality I'm trying to wholesale the deal?
Kat Malkowski
How to make offers on cash only properties?
I've often heard the phrase, "Find the deal and you'll find the money", but how does one get around putting an offer in on a cash only deal when you personally don't have the cash? Especially in the hot market I'm loo...
Adriel Cisneros
POF Letter when you wholesale a property with listing Agent?
How do you provide a Proof of Funds Letter when you intend to wholesale a property with a listing Agent? Which realtor (i.e. buy, sell, etc.) will most likely request the document? Some forums suggest requesting a POF...
Nathan Gesner
Share Your Story: Renting To Attorneys
Anyone ever rent to an attorney? Many property managers have horror stories and this one is mine, or at least part of it.I had an attorney that was late on rent for the third month in a row. I served him a 3-day Pay o...
Liz Norman
Firing my PM but certified mail being returned undelivered
I have sent certified mail with 60 days notice to terminate my contract with my property manager. I sent notice to my tenants of the change at the same time. The Property Manager has recently moved offices, and when I...
Brian F.
A real Owner occupied loan but lender wants proof BEFORE closing!
Hello!I've read alot of posts from people that sound like they're trying to trick the owner-occupancy requirements on mortgage loans. I'm currently in a backwards situation where I really do intend to live in the hom...
Brent F.
Proof of funds for SS
I have a Short sale under contract for about a week that I'm going to flip. I'm financing this flip so as an investor I have to put down 20% of the purchase price to get the conventional mortgage. Which I am pre app...
Sara C.
Verify information shared
A person mentioned they could provide work. Is there a place I can go to verify they are a licensed contractor. I asked but they were unable to show me, they needed money first.
Tessa Tsui
ESG and Service Pets
This is in Pennsylvania. Can you share what kind of proof you will require tenants to provide when they claim their pets are service pets/ ESG, will there be any different proofs between Service Pets and ESG? thank you