I am a licensed agent and property manager in the Richmond, Virginia market. We choose to manage our clients' entire portfolio (as long as it's in our service area), regardless of any of their properties being in less...

Hello.  My wife and I recently purchased our first rental property in a rural Ohio town.  We have remodeled the interior and have just started the rental process.  Our first, and so far only, applicants are a couple w...

I am currently going through underwriting for the first time. I was able to meet the income qualifications for the loan I am seeking, but found it very odd how underwriting treats passive losses for income qualificati...

A couple of weeks ago I was attending a tax auction in my area.  Although most went for far above market value for the properties,  there were a couple of great deals that could have been picked up in my area that wou...

Hello BP Community!There are a few threads about this topic, but I haven't found one specific for my scenario. I have two applicants, both meet all minimum qualification standards. One applicant will be living with 3 ...

Guys,  when you have interested renters do your run checks (credit/background) before a tour of the property or do you typically do it once they have viewed and express interest in moving fwd?

Poor Mouthing your offer can make you lose the home!

In today’s market, where so many loans fail to close for many reasons, if a Seller, Bank or Listing Realtor is trying to choose the offer that has...

Hey everyone, I'm a rookie investor who recently closed on my first property - small (4 unit) MF in Midland, TX. For the initial financing (purchasing cost & renovation loan), I used a PML. I've heard about the NA...

Spoke to a couple of lenders recently who mentioned FHA loan minimum credit requirement is now 640, not the 580 I initially heard. Possibly due to Covid-19 adjustments. Not sure. What have you guys heard or know anyth...

My business partner and I are looking to grow our lists of real estate agents. We currently have 0. We have a seller lead sheet and a wholesale buyer qualification form that we found online. We can't find a real estat...