Maria G.
Better process: selection, references, lease
Hello,I bought my first investment two years ago, which rented out in one day and I had great tenants. They are now downsizing (just moved out) and I am currently working on reading applications to select the next ten...
Shane Stevens
Primary Residence: What should we consider, What would you do?
We have one primary residence, which we have been living in since 2000. We purchased the property for $117K in 2000. We Re-financed a couple of times over the years and now owe approx $164K on the remaining mortgage ...
John D.
How to reject a tenant application
Hi, I am new to landlord . Need some advice how I reject a tenant who has a bad credit score and criminal back gourd the right way. following all guidelines. Please advise. Thanks
Joe Melendez
I Want to Assume a Loan on my uncle's home!!!
Hi BP! I NEED YOUR HELP!!! This is my first time starting a discussion, but there is no better place to go for good, straightforward, and reliable info. I just became a pro for this deal, so here goes...My I've been l...
Jake Mad
12 months prepaid check is it a good idea for borderline renter?
I have a prospective renters, one has a resident score of 560 and the other is 533 both are Co-Signer. I know they are borderline cases but I do want my apartment to be rented. Is it a good idea to request a higher se...
Mike Schorah
How many banks did you call before you got a cash out refi?
How many banks did you call before you were able to get one that would do a cash out refinance on your BRRRR? I don’t understand why some people have such a difficult time finding bankers to do a cash out refinance. S...
James Free
Credit Score Requirements for Tenants
I see plenty of posts on the forums where people talk about whether to accept tenants with poor credit or to fudge your own lease criteria for people with weaker credit (don't!). What I don't see as often is a good su...
Erik Browning
Cash Out Refi's are now cheaper than HELOCs
HELOCs are no longer a favored option for this market.Before I give an example, it's a good idea to explain how HELOCs are calculated - because there are a lot of people on BP that do not know.HELOCs are adjustable, w...
Benion Horton
Multiple Tenants and Multiple Cosigners - Help with Screening
OK, I have a 4 bedroom property near a university campus. Most of the interest has been from students. I have a group of students who will be Juniors, potentially wanting to stay until graduation (24 months). I have m...
Aryelle Collins
Hard Money lenders
I'm not sure if this is a dumb question or not but I'm going to ask anyway because I don't know the answer. I am looking for multi family properties to buy and hold in Tampa, Fl, and I want to owner occupy one unit, b...