I was looking to apply for a mortgage without issuing my Tax Returns. I have money saved up and my credit is almost 700...but don’t want to deal with the high interest rates from private lenders. Any advice would be g...
Hello all, I am trying to avoid refinancing a rental property because my interest rate on it is 3.2%. I just discovered a business loan through fund&grow that offers a zero percent interest rate for 12-16 months. ...
I am 20 years old, still in college, but I am beginning to look into purchasing a duplex, living in one part and renting the other. It seems like the most logical place to start my real estate investing, given the abi...
After reading a lot about the lease option strategies, one thing I have not seen much about is an exception for home owners looking to do one or two of these a year. I understand if your are going to go into the mortg...
We are in contract for a single family investment property (vacation rental). This is our 4th VR investment property, will be our 3rd mortgage. We have been pre-approved by one bank (which is no guarantee of a loan we...
How do you maintain a minimum credit requirement for tenant applicants applying to the same unit (IE a SFH)? Do you require that everyone applying individually meet the requirements of the limit, or do you average th...
Hi community!
I'm starting my first ever round of applicants for my first door. If 2 adults are applying (not married), do I run background/credit checks on both adults? If so, do I charge the $38 (RentPrep smart m...
One property, 3 applicants.Would you accept an application where one tenant meets your credit minimums, but 2 additional applicants do not. Our application states we require a minimum of 650 and we do require everyon...
I showed my property to a couple who gave me a story about they are closing in the sale of their home in the next month. There goal is to to down size and would like to rent for a while.Something didn’t feel right so...
Can anyone shed some light on how hard money lenders determine your eligibility of your loan? Any ideas on the minimum monthly or yearly income you need to have? I can't seem to find any info on this online even at ...