Heather Pelletier
Cash reserve?
I now understand the 50% rule but I am unclear about cash reserve. If you have a house you bought following the 50% rule how much cash reserve do you recommend having for the what if's? Is it necessary?
Heather
Kent Harris
Filing Bankruptcy
A new Tenant had moved in to my rental, once the Lease was signed they had said. "BTW did I mention I'm filing Bankruptcy next month?" Is this going to effect the rent rate there paying now? Are they going to pay rent...
Brett Berger
Rookie Investor seeking advice with tenants!
I have a tenant whose father is on the lease because the father has great credit and always makes the monthly rent payments on time. The father is asking to be removed from the lease because he is looking to buy a sec...
Stan Dennis
Refi on a manufactured home
I am on title on a manufactured home in Washington State with a relative. I am trying to refi it, but the lender says the combined DTI is 49% and needs to be 43%. The loan officer is not including the income from our...
Loren Thomas
HELOC with sub-640 credit score
Long story short: Closed up electrical business and filed chapter 13 last fall, and went back to work for THE MAN. I believe we may have enough equity in our house to get a HELOC and pay off the BK. I've read it's pos...
Kevin Hintz
Help with how to make a good first impression with lenders?
I'm plan on beginning my search for pre-approval of my second loan. I'm going to shop around some lenders to see what options I've got and I was planning on putting together an easy to look through little binder that ...
Adah N.
They Include The Cost But Disregard Income
Looking to pull a HELOC from my primary home. Lender includes PITI from rental properties in DTI but disregards income from rental properties. They say properties do not have 2 years tax records. How have you gotten a...
Toks Akindele
Putting Eviction Award to landlord on Credit Score sites
Hello there, has anybody done this before. If you evict a tenant and the courts gave you back possession and also awarded you the financial judgement you had asked for (unpaid rent and paid fees) which the tenant can'...
Steele Kruzel
Cash out refi 80% LTV
Good Morning, everyone! I live in Indiana and I'm looking for some help with cash out refi. I've just completed my BRRRR and I'm looking to cash out refinance. All the banks I've contacted so far only offer up to 75...
Janek Koza
Need a Blank copy of Rent to Own in Ontario
Hello,Does any have a Rent to Own agreement for Ontario Canada, that I can have a copy ofThank youJanek