Curious to know if taking on a conventional loan with a partner will help my DTI for the next property I want to purchase. Is partnering with someone a good way to lower your debt to income ratio? Or will the lender a...
Hello,I am a new investor having purchased my first property in Cordova, TN a year ago and a half ago. It turns there were annual HOA dues for the property I didn't know about. The closing attorney, property listing, ...
What are your best practices for accepting an applicant who has a credit report showing active collections? The credit score meets our criteria 640 or greater, good landlord reference, and income of 3x's the rental r...
I have good/excellent credit and just had a small collections under $100 show up on my report. The rep at the collections agency said they do not remove paid debts from the credit report, but I know this is often done...
Lets say you have a tenant evicted or lease termination and they have $2,000 in damages charges beyond their security deposit. If one gets a judgement against the tenant for that amount can I forgive that debt and iss...
Situation:
Tenant who was consistently late on rent payments was finally given the boot. After months and months of "giving the mouse a cookie", I'd finally had enough.
Tenant agrees to vacate, actually vacates by ...
Hey guys! I was wondering if anyone in the group has experience with purchasing an investment property with judgements attached? (I am in the state of Texas btw) Basically the owners had a rental property and went cre...
I'm interested if anyone here has done business with AHP Servicing in the capacity of SERVICING rather than for investing in their funds. There are a couple of threads on the investing activities, but none on their s...
I have a home in Orange County, CA that I am going to rent out. The had to evict the last tenants and lost out on 5 months of rent do to the evictions being frozen. I wanted to ask for 2 months security deposit to ...
First-time poster and long long-time reader. Appreciate everyone's efforts in helping others!
QUESTION: I purchased a home in November 2020 from the seller that showed the tenant was there for 2 years and paying on ...