Nilofer Sickander
MEETING WITH A LENDER SCHEDULED - CREDIT PULL QUERIES
Hi BP, questions abt credit pull, but first some background My husband and I are stuck in a lease until end of year, we cant purchase a house that we intend to "house hack" for maybe another 6 months. That said, i h...
Andrew Cosme
Subject to and seller financing payments
I would like to get into seller financing and subject to deals but don't really fully understand the payments portion of it. What I mean is, the payments made to the seller, is the total payments consisting of princip...
Neal Boroumand
Tenant credit report - good score + high debt?
I am currently screening tenants for an upcoming vacancy. I found a tenant that initially sounded great, but some details on their credit report worry me. While their credit score came back as excellent (~720), they...
Taylor Robertson
Should I accept this applicanant as tenant?
I have a recent applicant who is relocating to my local area for work. She does pass the qualifications for the most part but I see a few red flags. For one, she told me she doesn't have past landlords to use a refere...
Chris Rich
Delayed Financing Exemption
Hello BP community. A few weeks ago, I checked out one of the podcasts in which the guest talked about delayed financing exemption. From what I gathered, I believe it is paying cash for a property & then financi...
Jabari Jones
Question on Delayed Financing Exemption
Hello all,
Quick question to anyone with info about delayed financing. I wonder if this applies to vacant lots also. Any help is appreciated!!!
Jake Silverman
How to properly get quotes on a cash out refi for a BRRRR
I have begun to contact banks to get quotes on the cash out refinance portion of my BRRRR. I got a quote from one bank so far and plan on getting a few more. When i say quote i mean i just told the loan officer "I am ...
Steven Hershey
Financing Issues under 100k
Good Morning BP!
My wife and I have been trying to zero in on our first rental property! We are located in Lancaster,PA and have been looking in the surrounding city's for our first property. York,pa Reading,pa Lanca...
AG Gupt
Getting a free break from mortgage payments during COVID?
INVESTORS READ THIS CAREFULLY:
As you probably know under the CAREs act most borrowers can request upto a 12 month forbearance, meaning you have the option of not making your monthly payments for 12 months; this is a...
Slava Okunev
Fannie to loosen mortgage requirements
WASHINGTON – June 9, 2017 – Government-sponsored financing giant Fannie Mae will ease its requirements next month, raising its debt-to-income ceiling from 45 percent to 50 percent on July 29. The move could pave the w...