Jason B.
Sell or Keep Trying for LOC
I have about $150,000 in equity in my four rental properties. I have about $200,000 of equity in my primary residence. I tried to get a $90,000 line of credit and was denied. The big reason I was denied is because I h...
Peyton A.
How to Reject Application due to Mold Comments
I have potential tenants who so far have met all criteria. One put on his application that he is highly sensitive to mold as a note for the landlord. Ive never had a mold or moisture complaint in this house. Ive had...
Denis Vaughan
First Investment property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,500,000
Cash invested: $200,000
3 family house hack. 10% down, spent 50k in light renovations
Chad U.
Steer Clear of NREIG for Insurance!!!
We had a policy with NREIG on a property we took back from foreclosure recently that became vacant, which was then subsequently gutted by a major fire. I believe the fire was likely started by a squatter or the forme...
Arch D.
reconsideration letter for low appraisal on a for 4 unit
can a lender deny someone from putting in a reconsideration letter for a low appraisal ? Im being denied for time constraints doesn't make sense to me. any comment will help?
Joseph DiNardi-Mack
Zillow & Apartments.com Declining Listings
Hi everyone,Has anyone else experienced difficulty listing an apartment unit on Zillow or Apartments.com? I own a unit in a high rise building in New Brunswick NJ that I typically rent out to college students via my o...
Jason B.
Need Equity loan or LOC Fast
I have about $150,000 in equity in my four rental properties. I have about $200,000 of equity in my primary residence. I tried to get a $90,000 line of credit and was denied. The big reason I was denied is because I h...
Rebecca Tong
Co-signer Vs Gurantor
Hello! Not sure on what to do - potential tenant is looking to sign with a co-signer. Is a guarantor better for the landlord? What is the process to ensure that the tenant can pay for this? Any tips is much appreciated!
Patrick Buntubwimana
Can You Transfer Mortgage To Someone Else?
Hello Bigger pocket!Is it possible to to transfer mortgage to someone else? I bought a house using FHA. Since I want to move to another state, I have a friend who want that property. if I agree to transfer my mortgage...
Jamie Nolan
Specific wording in a mortgage denial letter
Our buyer presented us with a letter from her lender stating that her loan was denied. The letter that we received did not specifically say that her loan was denied. Is there specific wording that must be used, for ...