I am trying to get financing for a small apartment complex and the bank was on board for a while. I gave them the purchase price, the down-payment and my financial information.They insisted on giving them the cash-flo...
So, to those who say they just use an application being incomplete as a way to reject an applicant you don’t want...doesn't that anger people A LOT that you didn't give them a chance to complete the application?I have...
A couple of weeks ago I went to look at a distressed property that needed a fair amount of work to get it to be rent ready. Needed an a/c unit, finish walls, install appliances (new appliances came in the deal, just ...
Ok Im trying to embark on my 1st flip. The asking is $56k and the ARV is $110k. I estimated about $30k rehab. I offered $38k because I want to make at least $20k from sale. The bank has called for higest and best. I ...
Josh or anyone else with in-depth knowledge of the bulletin system here on BP.
I haven't been on for a while, I came across a great article, certainly 'worth' posting in the Bulletins section but it told me I had po...
For the landlords on BP, do you check eviction records when screening potential tenants. If so, which website/service provider do you use? Any pro and cons would be greatly appreciated.
Hi - If I were to reject applicant due to credit done through cozy, am I still required to send an adverse letter? If so - is email ok? Per Cozy's website :If you reject their application based on credit, the applican...
Last year we purchased a cabin in Kitsap County near Seattle with the intention of using it as a part time short term vacation rental. It is a lakefront property which comes with septic challenges and the original ne...
Good Morning BP. I made an offer on a SF House (For Sale by Owner) this past Sunday. My primary mode of communication with the seller was through text. So once I ran the numbers and found a number that worked for me, ...
Hi all. I am under contract on a Chicago property that has 3 cashflowing units but the zoning cert says it is only a 2-unit + commercial space (which has been turned into a 3rd unit. It is zoned RT-4). I am wondering ...