Jehan Jaleel
Can I give leads a pre qualification questionnaire?
Hi, I am a total newbie landlord. I am trying to rent out my house. So far I have posted my home on Zillow (and partner sites) as well as Craiglist. I think it is competitively priced with other houses which have arou...
Troy H.
Qualifing for an FHA loan in Raleigh, NC
Hello BP,I recently upgraded to BiggerPockets Pro and I'm ready to get off the sidelines. I'm ready to pursue my first rental property in the form of a multi-family house hack. I've done my research on FHA loans and I...
Andrew Peterson
VA Loan question regarding requirements for loan qualification
Good Afternoon BP,
I am just getting into real estate investing and currently in my first year and have chosen to take this year as a education and research year. I'm current active duty and was curious if...
David Stone
Deny applicants because ONE doesn't fit minimum qualifications?
Hi, I have a couple who applied for one of my units. I have not had the best gut feeling about them from the beginning. After running their applications (background check, credit, etc.) everything has come back satis...
Keith Burton
What qualification process do you use - absentee homeowners
Hey all,I started a campaign recently (again if some of you guys read my old post on postcards.) and I've been getting calls but having a hard time screening them to see if they're worth my time.What do you guys look ...
Seth Eues
New job, relocation, 2nd property, loan qualification question
Hello all,First post here! Thanks in advance for reading!I'm in the process of getting a new job which will require some relocation as it is too far away from my current location. My current property is financed with ...
James Lee
Home Sale Gain Exclusion - Qualification When Transferring Title
Hi,My parents recently transferred their paid-off primary residence (SFH) to me via quit claim deed. My original intent was to rehab the property, hold it out as a rental and open a HELOC on it to access the equity. H...
Lewa O.
S Corp Loss Reporting impacting Personal Mortage Qualification
Hi,
Looking to get some insights from the experts.
As a REI, we do our real estate transactions under an LLC (S Corp) that focuses mostly on new constructions funded via private lending.
Now an average time for us...
Lewa O.
S Corp Loss Reporting impacting Personal Mortage Qualification
Hi,Looking to get some insights from the experts.As a REI, we do our real estate transactions under an LLC (S Corp) that focuses mostly on new constructions funded via private lending.Now an average time for us from l...
James Carlson
ADU income can now count toward loan qualification
Hey all prospective house hackers! Some big news last month.Lenders can now count income from an accessory dwelling unit (ADU) toward your loan qualification, according to an announcement from the federal housing auth...