I purchased a house with existing tenants. They were also existing when the previous owner purchased the property in foreclosure. I have mine and the previous owners leases that say there was no deposit paid and ...
Hi All,I am in the process of purchasing my first investment property in Texas. I am a Canadian looking for Loan Officer and Mortgage Brokers who specialize in helping Canadians and DSCR Loans.Looking to see-1) What's...
I've recently had some students interested in renting from me. They will use student loans to pay rent. My screening criteria requires income of at least 3 times the rent. How do I qualify these students when they ...
What questions should I ask when looking for someone to fund a deal?
Thanks
I am negotiating to buy a CFD in SC. Property is land with mobile home. The seller however does not have any documentation to show he made any reasonable efforts to evaluate the borrower ability to pay the loan. What ...
I logged on to my local MLS today and noticed a new message with an attachment from the US Dept of Housing and Urban Development (HUD) that speaks (in general) about how almost 1/3 of the US population has a criminal ...
How do you screen your tenants before you rent to them?Do you ever pull their credit?
I invested some money into stocks and some crypto over the past few years. I noticed that robinhood reports much higher numbers than actual purchases to the IRS. I've never actually sold anything at much of a profit e...
Hey Everyone,My partner and I are working on our tenant screening guidelines for the property management portion of our business, renting properties in generally C+ and above neighborhoods. Some things we have include...
Hey guys! I am in the middle of my first deal right now. I'm going to purchase a 8 unit property from my parents that are ready to retire from the land lord career. I am looking to do a 85/15 mortgage loan through a l...