Kyle Tu
Denied because bank doesn’t like owner of my company
I’m trying to buy a property right now. My bank came back and says that because they don’t like who owns the company I work at, they don’t want to lend to me. Can a bank decline my loan because they don’t like the own...
David Green
Loss of use/rent coverage DENIED due to turnover
There was a fire in a Chicago condo that I have been using as a rental unit for 5 years. Insurance is refusing to pay for "loss of use" since I did not have a tenant in place during the actual loss.Is this common pra...
Matt Lawrence
Can I deny a rental application because they smoke
I own a house in Portland Oregon and I have an applicant that says they smoke but they’ll do it out side. We have posted we have a strict no smoking and no pets policy in our two unit building. Is it legal for me the ...
Angie W.
How to deny an applicant based on gut feeling
So glad to have found this site! We purchased our first rental property 3 years ago and have learned some valuable things along the way. It was not a horrible experience (otherwise I would be selling instead of vis...
Angie Thorn
Short Term Rental Permit Denied by Planning and Zoning
We purchased our first short term rental property on July 3rd in Fox Lake, IL. We did a lot of research in the are and strategically bought in this city since they allow short term rentals per their ordinance. Part of...
Patricia Joseph
UUGGHH! W2 buyers denied loans due to business losses
I'm a real estate agent in Georgia. In the last few weeks, I've had 2 potential buyers, both with steady income, denied mortgage financing due to them reporting business losses on their tax returns. After deducting lo...
Jameson Sullivan
Bank denies loan on Cash out Refi. Now what?
So, long story short, I bought my first house to live in for about 130k, put about 70 into it, including 20k for the foundation and it was just appraised at 245k and I was going to get 57k back out in cash. So not pe...
Irma Vazquez
Recourse after a denied Condo Insurance policy claim - help
I recently had exterior and interior damage to my IL 3 unit condo property and personal unit within it resulting from a neighbors's clogged, flooded gutter and the excessive Chgo spring rains. I had 4 policies on the...
Tamera Muniz
Mortgage company denied request to transfer property to LLC
So my husband and I bought our first investment property in November and Chase is our servicer. We opened an LLC to transfer the deed and have been working to get a consent to transfer from Chase. I just got a respons...
Sarah Pratt
77 days later and buyer's were just denied financing
Some of you may have read my posts herehttps://www.biggerpockets.com/forums/311/topics/35...and https://www.biggerpockets.com/forums/311/topics/36...Thought I'd let you all know that today, 77 days past the day we sig...