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How do you qualify for a DSCR loan before purchasing the investment property?
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Navigating the Surge in Rental Application Fraud: A Guide for Landlords and Property Managers
In recent years, the rental market has experienced a troubling rise in application fraud. This phenomenon not only poses s...
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I have hired a management company to screen prospective tenants for my apartments. But I just found out that they do not do credit checks. They said they do criminal record background checks, income verification, evic...
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We have a private mortgage and wish to refinance but are told that our payments are unverifiable since they go direct to the lender and not through a 3rd party. Is there any place we can get a refi?
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Hello BP Community!I am new to landlording here, I just received my first request from a traveling nurse for housing through Furnished Finders- the request is for a fully furnished house, utilities included for month...
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Hello BP community. Need some advice on how I should proceed with applicants I have for one of my rental properties. It is a couple and the woman is taking a job as a OBGYN making $347,000/yr . Her credit score is gre...
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I am applying for a DSCR loan and am now a renter myself. I’m being asked to provide 12 months of cancelled checks in addition to a lease to prove that I’m renting. Providing a copy of the lease makes sense but havin...
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Good Day All,I am currently dibble dabbling with the idea of renting out whole homes here in Southern California and subleasing the rooms out. Please put your input on whether or not this seems feasible, I need the go...
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Hi all, first-time poster here, and new REI in South Florida needing a little bit of guidance. I've naturally been pretty frugal, and before getting into real-estate, I paid off the majority of a small, 30-year mortga...
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Hello BP community! We are looking for a bank that will do loans for investment properties with a 30 year loan. We have done business with a Federal Credit Union but they recently informed us that for a home that is...