Account Closed
Foreclosure 8/6, short-sale offer rejected, & no equity
What strategy can I use to help a distressed home-owner who has:
- a foreclosure date of 8/6
- declined a short-sale offer
- not paid mortgage in 2 years & owes ~300k
- limited income
- need for assistance to move...
Frank Jiang
Wife's loan application rejected because she doesn't own primary residence?
Hello BP,My wife an I ran into an interesting situation while trying to purchase our second out-of-state buy and hold property.Currently, all loans have been taken out in my name. At the time of this deal, I had our ...
Nicole Warne-McGraw
Just rejected a property under contract for the first time
For the first time, I backed out of a property for which I was under contract. After the inspection, I ran my numbers based on anticipated repairs and maintenance; plus actuals from the loan app that just made it thro...
Rian Ash
CA-Loan rejected for investment property >10%Ownership in Complex
Hi,I am currently in contract to buy a condo/townhouse as an investment property in Alameda county in CA. The contract is for 390K, my credit score is above 760 and I want to put 20% down (25% if I really have to buy ...
Chelle Knijnenburg
Urgent, rejecting a tenant after the lease agent approved them.
OK, I need some more advice. I just found an email from the leasing agent who approved the renter before we explicitly told her we approved. I had told her we still had questions about wording of lease changes that t...
Scott K.
Airbnb party detection rejecting potential bookers! What can I do?
This new Airbnb AI party blocker is potentially costing me thousands of dollars. I've spoken to two groups now over the past few months who said they couldn't book my property because Airbnb rejected them when they're...
Wes L.
Self-Employed Rejected on Cash-Out Refi to finance rehab
I'm looking for other financing options to tap home equity. We were rejected on a conventional cash out note (with our current lender we've had for 10 yrs) for not having enough net income, due to our being self-empl...
Jered Sturm
Rejecting a family from living in a one bedroom apt
I recently purchased a building with one bedroom apartment so am asking this question hypothetically so that I can approach it correctly if it ever comes up in my screening.
Can you reject an applicant applying for a...
Craig James Conrad
Reject lease renewal if one party drops from the lease?
Hi everyone, I'm new to all this, so go easy on me! :)I lease out a mobile home to a man, his girlfriend and son. The two adults are on the lease. The woman is generally more responsible, more consistent income (I k...
Michael Zagorsky
First ever offer rejected. What could I have done better?
I wanted to share the story of the first offer I ever made (it was rejected) and get everyone's feedback.I came across a 8-unit for sale (2 x 4 plex's) units in Palm Bay, FL on Craigslist and contacted the buyer. Eac...