GLENDA WESTGATE
How do you go about purchasing a house from HUD.
I want to buy a HUD house and I was wandering if anyone could tell me how to go about purchasing one. Do they do a credit check on you? Is there a down payment? Are you allowed to just take over their note, if they...
Johann Jells
Liabilities of using personal VISA for LLC expenses, paid by LLC?
As I'm shopping for a new business credit card, I'm wondering if there's a legal or tax downside to using a personal card as a business card like we did before forming an LLC. Just use it only for business and pay it ...
Ryan Stirling
FIRPTA/HARPTA Withholding - Seller is requesting SSN of Buyer
Context: Seller is a foreigner to the US and special tax withholding must take place via FIRPTA/HARPTA. In the offer, the seller is requesting that we add this term to the contract:Request: “Buyers authorize Escrow to...
Craig Steltz
Opinions on Declined Mortage and fee
All,
I recently applied for a mortage on an investment property. There was a small non-refundable fee for application. I went in thinking there was absolutlely no way it could be declined. I have perfect credit. Me...
Mary Jay
What reason is ok to use to refuse tenant in renting? (Is misdemeanor a good reason?)
Hi guys,What reason is ok to use to refuse tenant in renting? (Is misdemeanor a good reason?)State Florida...
Saurabh Mehta
Would you rent to this tenant?
I have a prospective tenant who would like to move in as soon as possible.Rent: $1200/month for two bedroom unit. Prospective Tenant:She’s a single mother of two children who wants to move into the property as soon as...
Eric Littlepage
Need help assessing FICO score and new tenant
I've taken over managing my C-class duplex for the first time after the last tenant trashed the place, was evicted, and my property management company seemed to be trying to do the least work for as much as I'd keep p...
Muhammad Ahmad
I got pre-approval three times and it hurt my credit score
Hey Guys!I got pre-approval in December but could not close the deal and now I applied for another pre-approval last week for new construction that I found but it will probably close by august or September. That means...
Donald S.
Applicants with no bank account
I have a rental in a solid C area. A triplex. We've been marketing since mid-december. I've got a good applicant who wants to apply, but she states that neither her or the roommate have a bank account. They're young (...
Aretha Phillips
DTIR -Commercial Loan Included?
Can a conventional mortgage lender include a commercial mortgage that is in a LLC towards DTIR? Can they also ask for receipts of who a large withdrawal went to and where a payment came from for a HELOC?