John Britt
What qualifications do you look for in tenants?
I decided to create this post because I understand that it seems like so many new investors make the mistake of rushing to find a tenant for their property without taking the time out to do background check. It is so...
Lisa Ivy
Texas - Tenant Qualification and Request for Moving In
Hi all, I am new here. I am currently trying to rent out my house and using a realtor to help me list it. There is a prospective tenant that the realtor is advocating me to let them move in. My issues are: Their incom...
Account Closed
Wholesalers 'Contingency' Approach Evades Financial Qualification & Commitment
many agents and sellers want to see how much loan $ you are approved for, and/or cash on hand to afford what you are offering to buy, in order to take you seriously enough to go through the trouble of a showing and th...
Jorge Mendoza
Self Employed FHA Qualifications Starting Out FHA Tips
Hello Everyone! I am looking for any advice that can help me qualify for an FHA self employed loan as I have read it is more difficult to be approved for an FHA loan when you are self employed I am excited to start in...
Beau Pearson
Two adults and only one meets credit qualification
If you had a standard of 600 credit score and two adults fill out applications, with only one having enough credit to qualify, what do you do?
Maria D'Aura
Qualifying renters - do you look at DTI?
When evaluating tenant applications what minimum requirements do you have?
To qualify for a mortgage debt to income is talked about a lot, but not so much for renters. Do you take that into consideration?
Dustin Letourneau
Rental Property - Section 8 Navigation & Pre-screening question
Hello everyone,We just listed our FIRST (woohoo!) rental unit on the market for rent. We have quite a few interested in the property but one we scenario I'm not sure how to navigate is Section 8 housing. Looking at ...
Andrew M.
Section 179 Write Off (Vehicle over 6,000 pounds)
How can I take advantage of this write-off? Some background information on my situation. I recently set up an LLC for the purpose of transferring my rental properties to it. Currently, my personal residence and invest...
Tina Lee
So many mad people calling me
Hi, I have a very small studio apartment listed for Low price and got about 200 inquires on past week but only about 3 showing because none of rest qualify. The showing did not turn into actual application, at mean ti...
Sam Abazari
PRE-QUALIFIED VS. PREAPPROVED: WHAT’S THE DIFFERENCE?
A very common question that we get asked as our clients get ready to buy a home, is what is the difference between pre-qualification and pre-approval? Are they the same? Is one better that the other?
The truth is the...