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Hi Everyone -I am thinking of investing in the Indianapolis market. I like the lower price entry point, followed by higher than usual cap rates and rent multipliers. My goal is to do cash-flow properties, not really w...
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We purchased a SFR in Murrieta, fixed it all up, and hired a property manager to rent it for us. About 6 weeks after we closed, he found a self-employed tenant with a 730 FICO and over $20k in the bank. Our new tenant...
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First time poster. I've done some reading and searching through the forums but haven't really found the answer I'm looking for (i'm sure it there I just can't find it).I know this is common inquiry but like I said I'...
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I have found a lender. But I am trying to do my due diligence on them. They asked me to fill out a application. I got an approval letter in my email with terms. They requested copy of my Id also. How does this sound ...
I have had 2 incidents recently that potential Tenant refuse to give out SSN before signing Lease. Rental property is minimal $750k assess, Landlord feels more comfortable to have Tenant SSNs on file to protect themse...
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I was contacted by a woman named Faith Lee on Linked In. She works for El Solutions LLC. The website for them shows they do payday type loans, small amounts. I told her I don't think there would be any need since I ne...
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Hi,I am interested in purchasing a house located in the Philadelphia, Pa suburbs. The owner is deceased, and the house has been sitting vacant for about 3 years. I contacted his girlfriend who sold him the property an...
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Can't get a hold of their references, claim they are employed, offer last years tax return, but when I decline and ask for a recent pay stub, I never hear from them again...I've had so many weirdo's apply recently who...
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We brought our first buy and hold property a month ago with hard money @ 14% & 4 points for 12 mos. We would like to refinance out of this loan and into a long term better rate ASAP; however, one mortgage lender t...
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I am closing on two properties with two different mortgage companies and both are demanding my bank account numbers!
I have 8 properties and never had to do this on previous mortgages. Is this a standard demand now?