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Scenario:I happed into and ultimately picked up an off-market rehab in a very hot area for about 20% of the what it appraises for. It will be a total gut job and the renovation will cost $125k+ and take four to five ...
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Hello! Not sure on what to do - potential tenant is looking to sign with a co-signer. Is a guarantor better for the landlord? What is the process to ensure that the tenant can pay for this? Any tips is much appreciated!
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I own a house already but the person I want to start buying a rental with has not. Can we do an FHA loan with me as a co signer? He will be living in it and looking to get a triplex
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I’ll try to keep this short..I started buying property in 2018 using a local credit union and my dad as a co signer. Things were going smoothly I’ve never missed a payment I’m on auto pay and have plenty of reserves I...
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Hey I am a D1 collegiate baseball player at Jacksonville State in Alabama. I am looking at buying a 4 bed house to house hack and rent the other rooms to my teammates. Since I do not have any income I am having my dad...
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Hi all, I am curious if anyone were to have a rough draft for a cosigner agreement for a long-term tenant lease? I'm just not sure what to include and exclude.Thank you for your input:)
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Recently 2 new grads from out of State applied to rent my vacant 3 bed apartment. (They are hoping to find a third roommate soon) They haven’t got jobs and don’t have enough savings, so we ask for a co-signer. However...
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If I have a cosigner for Dscr loan, do they have to be on the deed or just the loan?
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Hello BP family,I am new and still learning about the rental business. Can you please let me know in what situations I will need to require a co-signer on the lease?My property is in a college town so the chance of r...
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Hi BP,A prospective tenant has just started a new job and I requested having a co-signer on the lease. How do I screen the co-signer? I have the addendum ready from Brandon Turners book but have no idea how to insure ...