We are first time landlords. Our first application came in for our rental, but after taxes their total income is barely 2x the rent, where we require 3x rent. What is the proper way to deny them? Do I have to send an ...
David Denies, the leader in South American hunting, recently partnered with BOYT, the leader in shooting accessories and hunting clothing. It’s a great alliance between two companies that share a common vision: to pro...
Hey guys! My husband and I currently own an owner occupied duplex in Los Angeles. We found another duplex .6 miles away we planned move into and finance via FHA. We were in escrow for about 20 days and everything se...
Hello bigger pockets community,
Wanting 2022 to be the year I get my first investment property and my target area is outside of Austin. I connected with a realtor in the area who referred me to a lender. After weeks ...
I was denied on my next loan due to having a new job job. What should I do wait and see if I get approved after they can use my OT or try another bank?
I recently rehabbed a property, signed a 2 yr lease with someone, then about a week before she’s supposed to move in, she informs me that she has an ESA (Emotional Support Animal), a huge dog - lab mix. We have a no p...
Hi,I am trying to find financing for multifamily properties I am interested. However, local banks, in the same state/city with properties, keep saying that they can't work with me because I am not local - out of state...
Clickbait Warning!Landlord fined after denying renter's emotional support animalThe tenant, who is mentally ill, complained after building managers refused to allow her to keep her doghttps://www.inman.com/2018/11/20/...
When you deny an application do you give a reason? I feel like if you do not give a reason it could be interpreted as violating the fair house act. For instance let's say you deny someone because you believe them to...
Hello! I am a local investor in Rochester, NY. So I learned about 203k loans and was super eager to apply and get approved.I talked with a local bank, and because I have an LLC with over 20 properties, they believe I...