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Have created list of questions for prescreening tenants that includes questions around estimating monthly income, credit score etc. 1. What’s the message to send tenant on denials based on their responses? (Not meetin...
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when screening a tenant what are some of the big red flags to look for? also what is the preferred credit score to look for in a tenant?
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I am closing on my very first rental income property in about 2 weeks. Now, I believe that I got a great deal, I can rent it out and create a great amount of cash flow I just want to be aware of any pitfalls. The prop...
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I've found a local bank who will re-fi a property after 6 months seasoning. Its a portfolio lender offering 30 year amort with fixed rate or 6.25 (first one I have found offering a 30 year fixed). The rate is a bit ...
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BP family - need thoughts!...
I’m looking to purchase a fourplex that is currently 100% occupied with tenants that have been paying rent $600-$800 below current market rents. The units are in decent, livable conditio...
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I'm an investor in the Virginia Beach area looking for a solid inspector. If you are one, or know of someone that helped buyers close a deal with exceptional knowledge I'd be stoked to see if we make a good fit. Any...
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When wholesaling an REO for example, when you find an end buyer that wants the property, I have been told not to sign anything until you "feel the money". In other words, dont sign until I have a deposit in escrow. I...
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Hello,
We have a rental going for ~4100 a month. A perspective tenant is applying and checks off our criteria but they provided us with bank statements and they only have ~$1200 in the bank. Their income is verified...
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I would appreciate help in locating note buying related documents, Note listing agreement, purchase agreement etc. ... I'm working with an investor/ 2nd lien holder to sell a note for a motel in California. Thanks,Arif
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Hi.My family is renting a SFH and the lease is up on August 25th. It will be 2 years in AUG that tenant has beeing renting. She is a divorced mother of two and for the 1st year the lease was paid for 1 year and duri...