Mark James II
Suggestions for denied due to being labeled "uninhabitable"
I am in the process of purchasing a house to “live in flip” that I just found out is “uninhabitable” according to the appraiser that the lender sent for the inspection. I knew the house needed work at the time and ex...
Brady Macdonald
Underwriting denies loan due to weird deal structure.
Summary of what’s happening:I found an off market deal from a wholesale company for 165k ....155k for the property and 10k fee. They structured the purchase agreement with a purchase price of 165k, the appraisal came ...
Deborah R.
Is it OK to deny this rental application?
Hi, I'm newer at this. I have written minimum requirements for renting our houses that I share with prospective tenants which includes ">600 credit score. Pattern of financial responsibility".This couple sent me ...
Cameron Tope
Bank denied my offer and countered too high!
Hello fellow investors,I'm in a predicament. A property that was approved for a short sale by the bank has now denied my offer (after 5 months) and the bank wants next to retail.In this scenario I figured I would sub2...
Kenneth Morff
Denied for a Heloc? Still not sure why?
Hello, I don't post on here very often, but I'm not sure where else to turn. We just got denied by a Bank in Saint Cloud. The property we are looking take a Heloc out on is in Sauk Rapids, its worth about $170,000 We ...
Eli Rods
Neighbor has no credit history- being denied mortgage
Hi fellow BPers,Need your help for a friend of mine.He was denied a mortgage loan by Citi Bank because he is self employed. He has 3 weeks left to find another mortgage since he’s in contract. Used to be an investment...
Johann Jells
Can I safely deny a family with kids?
I have a family of 4 wanting to look at a 650 ft 3rd floor unit with two 7"x10" bedrooms. I think it's too small for 4 and I don't want to burden the 2nd floor tenant with the noise. Do I have a risk just telling them...
Yvonne H.
How to let applicant know they were denied
I get a lot of applicants, escpecially from Zillow, that for any number of reasons--be it income, background, credit, whatever--they don't qualify. What do you tell your applicants when they don't qualify? I don't wan...
Sarah Enero
29 Palms STR Permit has anyone been denied?
I'm looking to purchase my 1st investment in 29 Palms and checked on the STR permit application process, has anyone been denied because of a neighbor? It said that they will be notifying neighbors within 300 feet that...
Lucas Amuchastegui
Tenant denies receipt of pay or quit notice
Hi there,I'm in Oregon and I sent my tenant a 72 hour notice 5 days ago via first class priority mail with tracking. In Oregon, you have to allow 3 extra days for mailed notices. Tenant now says she hasn't received th...