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HI BP community!
I am a new investor and have 0 investment properties. I am searching, analyzing, and all that fun stuff. I have reached out to a local lender and as you know once your information gets out there, the...
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Have you seen these websites? Anyone can create fake paystubs, tax forms, and more. How do you screen for things like this?
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Does anyone have a good app suggestion for importing Lowes and HD, and other receipts into a spreadsheet? I have some receipts with furniture, cleaning supplies, other misc. items on there and I'd like to separate a...
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Hi guys!I am in the process of making sure I have all the correct forms and such to get ready for rental home purchases and tenants. 1. What is the easiest best way to screen / check credit reports for tenants? 2. Wha...
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So we have a unit available June 1st, it is very tough getting good tenants with the credit/background check and minimum screening requirements we have in place. So we did an open house and found a couple which pass a...
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Someone recently suggested that I used a person (unknown to me but referred) to use their credit to help be refinance. I was told they would have to be 50/50 on the business with me and as long as they are at a 620 or...
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What is the worst case scenario when using a hard money lender. For instance if you purchase a property it cash flows $300 and then the market heads south. Now your cash flow is negative and you can't keep up with mor...
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Does anyone know a reputable lender that offers a 10% down vacation home loan from Freddie/Fannie?
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In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
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I have a unit becoming available this month in San Pedro, CA and plan to hold an open house for prospective tenants. What do you use to run credit/background checks? Also, any advice on where to obtain a good rental a...