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Results (10000)
Sharon Tzib Expert Advice - What Evaluation Rules Do You Use
14 May 2013 | 5 replies

Which evaluation rules do you use to quickly assess a multi-family's (2-4 units) suitability for a closer look? It seems to me the 50% and 2% rules wouldn't be applicable because of the multiple unit factors for some ...

Alonzo Moreland Ending a month to month lease with a problem tenant
31 October 2024 | 9 replies

Hi everyone. I'm looking for advice. I'm renting a 3 bdrm-1 and 1/2 bath rowhome to a tenant family of four adults who are habitually late with their rent payment each month. The tenants are reasonably clean, so no is...

Nicole Lakanen Tenant got a dog and is now late on paying the required pet fee
9 December 2020 | 4 replies

My tenant is mid-lease and we just found out she got a dog without prior approval. This is a lease violation, but we do allow dogs and told her she can keep the pet if she pays the required fees. I gave her 7 days to ...

Sami Gren Giving your routing & account number to tenant
16 May 2019 | 21 replies

Would you give your routing and account number of your bank account to your tenants, so they can deposit their rent straight into your bank account?

Jason Barton Loans Based on Rents
20 May 2021 | 5 replies

Hello,I am looking to invest in a multiunit property, but I am nearing the debt to income ratio most banks require. I do not have the funds to pay all cash for the properties I am looking at. I am curious as to how sp...

Shahzad Ali Mortgage Points necessary to pay
18 October 2023 | 8 replies

Hello everybody,
So shopping for a mortgage after getting an accepted offer i find out that we have to pay mortgage points on top of the closing cost when getting a mortgage.  Is there a way to bypassing that?  

Joshua Andrews Forclosure, Equity & Notes
10 April 2014 | 4 replies

From a note owners perspective, I'm a little confused regarding what happens to excess equity when the note owner is forced to foreclose.

Lets say for example, I own a 2nd mortgage. For simplicity lets assume...

Chase Webster Should I refinance at a higher rate in order to make cash flow?
16 December 2016 | 9 replies

My wife an I live in a 3 bed 3 bath house in Nebraska. I bought the house for $175K (0 down) on a VA mortgage in 2012 ($178K with the VA funding fee rolled in). We have paid down approximately $35K of the mortgage (st...

Jennifer Velez How did you increase you credit score
29 April 2019 | 13 replies

Hi guys just curious on what you guys did to increase you credit score? What steps did you take and where is it now? Thank you

KC Zhang What happens to 2nd position if 1st initiated foreclosure?
12 July 2014 | 18 replies

I'm looking at several 2nd NPNs for purchase. Several of 1st position holder started the foreclosure process. The underlying assets have enough equity (FMV) to cover both 1st and 2nd. How can 2nd note holder ensure th...