Peter Morrissey
Multiple or co-applicants
I am ready to rent out my first BRRRR. Trying to figure out how to structure application and lease. It is a 2 BR in a two family. The applicant D, I have looks very good so far. Solid employment history etc. Checked ...
Allen L.
How do lenders consider mortgage loans in foreign nations?
I have a property in Canada and am wondering how lenders consider the mortgage on this property when calculating how much room I have for borrowing in the US? Is it the loan amount divided by the currency rate?
Steve Karpinski
House Flipping Financing
I'm looking to do my first flip and found a local bank that will lend me 75% of the purchase price and 100% rehab for a flip. I meet the financial requirements and have been approved so I am ready to go with them. The...
Dario Furman
DSCR lender recommendations
Hey all,I have 2 Single family homes in Detroit which I BRR and now need to refinance to repeat. Having a hard time finding a lender which can refinance the homes individually since they each would be $80K (70%-75% LT...
Anna Doumkina
Financing for a Foreign National
Hello! My partner is an EU citizen looking to invest in the USA to purchase properties that will later be for Section 8 tenants. He does have an ITIN number, recently opened up an Amex card in the States to start buil...
Grant Anderson
Rental Applications
Hello all, I have a few rental properties that I manage myself. I have been hearing from some people that I should set up some criteria to base my decisions on. The criteria I have come up with is income must be three...
Paul Post
Inheritance - Looking for Feedback
I'm reposing and expanding this discussion (from the commercial discussion area) to get some more input.We in the process of settling this estate where we have inherited 1/6 of a commercial building, and have the oppo...
Jake Worley
Single family house in Dayton Ohio
Investment Info:
Single-family residence buy & hold investment in Yaphank.
Purchase price: $83,000
Cash invested: $25,000
Single family house with a strong rental history
How did you fi...
Leah Weisel
Owner Financing to Current Tenant Advice
I am looking to owner finance my tenant in a single family, mediocre home in PA. My tenant has poor credit, shaky job history, and will never qualify at a bank. We have made good income on the property for the past 5 ...
Evan O'Brien
Screening tenants for your rental
When screening tenants for your rental property, what factors should you take into consideration during the screening process? I know that verifying a tenants potential income history, criminal history and credit scor...