Douglas Chasse
203k loan work may not be able to be completed at quoted price .
I have closed on a 3 family house hack using a 203k loan . The general contractor is supposed to upgrade electrical so each unit is on its own meter and add two heating systems. The whole house is currently heated by ...
Account Closed
Dog/Cat/Reptile License/Permit in Signal Hill & Long Beach, CA?
are dog/cat owners required to have a license/permit in the above cities? how can a presented document be verified? (and is it customary for landlords to verify legitimacy of dog/cat permit documents, or just take the...
Doreen M ODonovan
IRS Tax Transcripts Required
The loan was supposed to close tomorrow but been waiting for final loan approval. Today the lender asked for tax transcripts. Went to request them on the IRS website and got locked out. Can't verify because they want ...
Helen Zhang
When do I actually get proof of title insurance?
I purchased one of the REOs from auction.com (the deal is closed 2 weeks ago) and so I am trying to verify everything that I did everything correctly. The deed is special warrantee deed. Upon closing, I did not receiv...
Jim Francis
Got a pre-foreclosure lead, now what?
Hey guys. I haven't done any pre-foreclosure deals before, and just landed a lead from a friend of mine. His cousin is way behind on the bills and needs to get out of his house before it goes to foreclosure.
He is ...
Jennifer Salazar
Verify Employment
Hi- Whats the best way you have found to verify employment/salary? I did a mock background check (via smartmove) and it didn't pull up my current employer of 4 years.So I expect this might happen with a potential ten...
Sawyer Nyquist
Background Check/Credit Score for Non-US Citizen
Need some help here.Just showed a property to prospective tenant who just moved here from Western Europe. She seems very interested and will probably apply. Problem is, I don't think anything will come up on her backg...
Steve French
Apartment deal, what's valid for a down payment?
Hiya BP peeps. I've got some HELOC money, though we're planning on moving across the country within the next two years, at which point the HELOC should be paid back (housing crash in Seattle nonwithstanding).Are thos...
Jacob Hanson
Tenant screening: Debt-to-Income or Rent-to-Income?
It seems like it's most common to use a 33% rent-to-income ratio to screen tenants, but debt-to-income seems like a smarter way to screen tenants to me. A tenant may have a good RTI, while having a poor DTI. Isn't i...
Yulia Kaygorodtseva
Requirements for the rent application and employment verification
What are your requirements for the application process? I have put the following list, am I missing anything?Completely filled out Residential Lease Application2 years of employment in the same industryMust have a ch...