Stanci March
Buying property with tenants in place - Lease Verification
Is there some legal reason that would preclude a Seller from providing copies of leases to a potential Buyer? I'm under-contract for an eight unit multifamily and the Seller was refusing to provide me copies of her cu...
Tamika Rue
Verification of allowable expenses by tax sale purchaser
Hi everyone. I'm making this post to not only get answers but to be help of others so they don't go through what I'm going through now. This year back in May I purchased a tax lien property. In June the owner sent me ...
Kerry Boyle
203k on a Multi Family Property (Income verification)
For a 203k loan on a multi-family:Does underwriting look at your income exclusively, or do they use the ARV appraisal's market rents suggestions to supplement (some percentage) your income?
Tricia O'Brien
Verification of a Service Dog with tenant applicant ?
What is the current HUD or other govt agency position on what we can ask tenant applicant who claim they have a service dog? I have a tenant applicant who claims she has a 60 pound dog who is a service dog. She prese...
Matt Nico
HELOC in Orlando FL with no Income Verification
Hello Bigger Pockets!!! I was wondering if anyone has any good recommendations for acquiring a HELOC for a rental.
My Situation:
(3) Rental Properties. I cash flow $4,800/month (after mortgages and fees). Yes you r...
Andy Perez
The death of the NO INCOME verification loan
Hello, I just got news that my financing back is no longer funding my deal...I am under contract to purchase a 2 family home in The Bronx (NY). After getting the loan approved and getting a clear to close, the bank ha...
Chelsea Cox
Software for identity verification prior to contactless viewing?
I live out of state and this will be my first time renting out my condo or any property. I have set my keypad so there’s several one time codes I can give to potential tenants that would like to view the condo. I wan...
Yulia Kaygorodtseva
Requirements for the rent application and employment verification
What are your requirements for the application process? I have put the following list, am I missing anything?Completely filled out Residential Lease Application2 years of employment in the same industryMust have a ch...
Dustin N.
Too strict on Income Verification for screening process?
Hi all,Wanted to get opinions on if the screening process I did was too intensive and made me lose out on a potential tenant.Stats: SFH, 4/2, good condition home, in good neighborhood right next to university, about 1...
Mike Adams
Verification of income from employer on restaurant workers
What's the best way you guys have utilized income from tenants who are applying for one of your apartments where the couple are both restaurant workers as well as work at the same place? I called today and someone sa...