Jeremy Klingbeil
First time homebuyers program through FHA qualifications
Hello all..just a quick question from a newbie here. I just purchased an investment property through auction.com. I have never purchased any real estate before. I am paying cash for this property. I want to regist...
Keith Meyer
Accredited Investor Qualification: 401k Distribution as Income
Question for the accountants and syndicators out there: Would you count someone taking a 401k/IRA distribution as income towards the $200k annual income requirement for accredited investor status?For example: If someo...
Amazel Zing
Research on lead generation for real estate investing
I am here doing a little market research. Hopefully, I can get some input and feedback.I have experienced that new real estate investors often desire help doing quality lead generation. As an ex-real estate agent who ...
Vivek Kumar
Army veteran applicant
I got an applicant from army retired. Getting about $4000 and $2500 now as a consultant in a furniture company. He is alone and no pets. He has 1 year of rental history in an apartment leasing. I checked his 2 year b...
Tricia O'Brien
Smart to get Pre-Paid Rent from Tenant Applicant ?
I'm thinking about offering a lease to an applicant using a strategy done by a local PM company in my area. I would like everyone's opinion if this seems like a reasonable and/or smart way and/or legal way to handle ...
Matt Kieffer
Do yo list your rental qualifications in your ads?
My townhome is getting lots of interest with prospective renters, but almost everyone's first question is "What are your qualifications?" This translates in my head as "How crummy of a tenant are you willing to take?...
Matt Waggoner
Is posting minimum qualifications on Company website a good idea?
I did a search about this subject and there was a post from back in 2014, but nothing recent. Worst off, there was a link with an example on how another company posted the minimum qualifications for pre-screening on t...
Cory Raizor
Loan qualifications, inheriting large student debt from marriage
Hello,I'm looking for some advice on the impact getting married will have on my/our ability to qualify for conventional financing. I'm planning on getting started as a buy and hold investor in the next year - my plan ...
Eric C.
SEP IRA contribution and loan qualifications - DTI calculations
I am looking to make a sizable SEP IRA contribution to reduce my tax liability, but I don't want to hurt my ability to borrow in the future by not making enough income. Is SEP IRA contributions added back in the way ...
Tim Grich
ISO: HELOC lender (calculating rental income for qualification)
Hi All,
I'm trying to qualify for a HELOC. The problem I'm running into is two-fold:
1) Many banks still have a moratorium on these due to COVID
2) Debt to Income qualification
On #2, I bought a triplex last Septe...