I've been looking for a hard money lender or a private money lender, and I will be contacting some of the places that look promising to work with. Before I do that, I had a couple things I was not sure about.When work...
I notified a potential tenant via text that their application was denied after the $35 tenant screening service revealed an active, open bankruptcy (<6 months) (as well as two prior dismissed bankruptcy filings), a...
Have you ever backed out of an offer and wrote a new offer based on new information?For example, maybe you made an offer that was accepted then took a contractor in with you and it ended up being a higher cost than yo...
So I've had a couple tenant prospects ask me if we accept judgement tenants. I really don't know what this means. Does it mean she was going to be evicted or something? And would you accept a tenant with a judgment on...
When I have an apartment for rent; do I have to accept applications from individuals that are utilizing or qualified for Section 8.
Can I just state I am not renting to Section 8, or that I am not Section 8 q...
Actual Questions I’ve Been Asked by Borrowers/Brokers
1. My client is worth over a billion dollars. How quickly can you make him a $25,000 loan?
2. Do you lend 150% of appraised value?
3. How much down payment do I...
We have an applicant who has a St Bernard ESA. Previous landlord said dog is out of control and ruined the apartment. Finances are excellent, no criminal record. How do we legally avoid having this dog in our nice ren...
Would any of you rent to a young person who was convicted of vehicular homicide 5 years ago from wrecking while driving drunk? They openly admit it and have not been in trouble since. What would you do?
Is it legal to require a certain credit score along with filling out a credit app, for prospective tenants? Thats one way Ive thought of keeping my rentals trouble free.
Is it necessary to hang onto credit reports from applicants who've come and gone? Do you save them or shred?