Milan P.
Mother-in-law as co-applicant for Lawyer tenant
I have a couple that applied for my SFH. Rent is around $2200. Lady is recent Law graduate and will be starting a job locally with yearly income of 67K. They say that Husband is out of work due to Covid, but in backgr...
Arteevie Burch
How to list a shared unit
Hello all. I recently purchased a duplex near a university and will most likely be renting to students. I’m not sure how to list the property. Should I list each room separately or list the whole apartment and let the...
David A.
Lenders for an FHA 4plex with 3.5% down?
I've been running into a wall where the lenders I've contacted about getting an FHA loan for a multifamily will only work with duplexes maximum with a 3.5% down payment - for a 3/4-plex, they require 20-25% down. From...
Bill Marcotte
Potential tenant just out of bankruptcy.
I have an applicant that is JUST coming out of bankruptcy. Case is getting closed this week. Medical bills were the culprit and overall seems like a very decent tenant. Income is guaranteed under disability and social...
Abe Osman
Question on TU SmartMove, please help ASAP
Hello all!Completed our most recent rental rehab, and this time we decided to start using TU SmartMove to screen tenants. I have some questions, please let me know ASAP as I need to make a decision within 48 hours. Wh...
Chaplin Huang
International student trying to house hack in Hyde Park (!)
Hello BP community,
I am an up-coming junior in University of Chicago and am looking to purchase my first rental property through house hacking in order to get in with a low down payment (also just to save money on r...
Kendall Roberts
Tenant has new boyfriend inhabiting rental...what to do??
My husband and I converted our first home to a rental a little over a year ago. The initial screening process was an eye opener, and we quickly learned that professional/stable people are few and far between. Our pr...
Account Closed
Finding and Qualifying for a Deal
I am a recent college graduate living in the Utah County, Utah area. I am currently doing a post grad internship with a multifamily developer. It is an awesome experience but doesn’t pay a ton. My wife is also a stud...
Jacob Rogers
Can I get a USDA Loan as a college student?
Hello everybody!My name is Jacob Rogers and I am currently a Sophomore at Iowa State University in Ames, IA. I just learned about real estate investing at the beginning of this year and have been trying to learn every...
Zane Landeck
I have money for a down payment but poor W2
I am 24 years old currently renting in Nashville. I have 30k saved up, but do not have strong W2 or 1099 income right now. Will this effect me pulling a FHA loan? Would co-signers help pull the loan? I have read the H...