Zak Cooper
Creating the ultimate Seller / Owner Financing Checklist
Hey BP peeps,
Newbie here, in discussions for my first Seller Financing deal!
Apologies in advance if there is a forum post similar to this, but I couldn't find one with a checklist-style format. As such, I am aski...
Herm M.
Question about qualifying for an investment property.
Let's say a person makes 11k a month and his/her monthly credit obligations add up to 5k monthly (this includes three mortgages). This person is essentially tapped out as far as debit:income goes. This person wants to...
Deb Smith
Credit score
What is the lowest score you would allow?
I used to allow lower depending on what caused it and require 2 months security, but not sure I want to do that any longer
Sharif Refaie
Purchase and Holding costs for calculator
what does everyone include in their acquisition cost? Down payment+lender fees+credits+prepaid debits(insurance+taxes) ? just want to make sure i am doing it right
Page Weil
How is DTI calculated and when am I safe to buy another door?
How do underwriters calculate DTI when I have several leased rental properties? This may seem like an obvious question, but my last experience is that there is more to it than [rent payments] - [PITI] - [1% repairs]I...
Carlos Flores
Financing multiple 1-4 unit properties with Fannie and Freddie
I've seen several posts lately about the number of 1-4 unit properties one can finance with Fannie Mae and Freddie Mac, and their respective guidelines. While the two GSE's are somewhat similar, it's important to reme...
Damon Cluck
1808 S. Pierce Street, Little Rock
Investment Info:
Single-family residence buy & hold investment in Little Rock.
Purchase price: $52,200
Cash invested: $6,000
I purchased this home from a fellow investor using a Line of Credit fr...
Damon Cluck
Pierce Street, Little Rock
Investment Info:
Single-family residence buy & hold investment in Little Rock.
Purchase price: $52,200
Cash invested: $6,000
I purchased this home from a fellow investor using a Line of Credit fr...
Thai Foo
Are their loan options after a short sale?
Hi,
I own a few rental properties. Ended up short selling one of the homes in AZ March of 2012. Had great credit history and score before the short sale.
Are their loans that I can still qualify for? I was told that...
Chris Hayes
Tenant screening and leases
Starting out, how do you go about tenant screening and writing up a lease? I'm wanting to get into long term investing and want to select good tenants. How do you go about getting a potential tenants credit score, ren...