Sean Dezoysa
Unloading payment handling from PMs
Hi everyone,I would like one of my lease terms to stipulate automatic payment one day after the renter's paycheck date, direct to an account managed by me. Would most property managers accept a term like this? If not,...
Michael Nahm
What can I reveal as reason for denial?
I recently had to reject a potential tenant due Their credit report, specifically, a couple of accounts are in collections.In the message I sent, informing of the denial, I simply wrote that the denial is having to do...
Yacine Rimmo
Last year Tax return no processed vs Lending
Hello BP Community,
I am a long distance rental property investor, living in NYC my portfolio is in PA. Right now in the middle of refinancing and could be able to cash out all money I put in a deal in the same time ...
Account Closed
Low cost yellow letter recipe :)
I've made a simple spreadsheet with links to low cost DIY yellow letter and business letter supplies. For my Sacramento folks who have discussed this with me recently, and anyone else who may be interested... here's t...
Owen Mitchell
Disclosing Important Information...Should I?
Hey BP Family I found a commercial lender because I don’t have a W-2 job or the debt to income tax requirement for the conventional loans. I found a company called PIMG and they found a lender so I can buy my first pr...
Brittany Olofsson
Foreclosure purchase from auction
Hello. If I want to make a bid at a foreclosure auction, how do I come prepared? I know I need to have cashier's checks, but made out to myself? And if I don't win the auction, am I able to deposit those check back in...
Pablo Barrientos
Who has used PenFed for a HELOC?
Hello BiggerPockets, I’m starting to look into HELOCs for my rental property and wanted to see who has used PenFed for funding. I started the process online and it only offered me a 12 year repayment period. Is that t...
Kingston Yi
SDIRA & How does this work?
Self directed IRA's can be used for investing into homes...so I've heard. I have a 401(k) that I'm currently looking to use for my next property and would love to move that into a SDIRA towards an investment. How do...
Danial Qureshi
Accounting Software & Deal Aquisition, help?
Hi everyone, I bought my first property June of 2015 for $139,000 with closing costs, as of January 25th 2017 my condo has been leased at a Fixed Rate of $1500/month which will net me a little more than $16,500. Curre...
Sean Walton
Best Self Directed IRA Custodians?
Will you please post any self directed IRA custodian recommendations?How long does the process take to roll over funds into this account?I know I can't live in or benefit directly from the fund or invest in family mem...