Shane Myers
Boyfriend and Girlfriend tenants...ugggghhhh
They want to use both incomes to qualify for the house and neither one by themselves make enough to rent. So if there is a breakup...then what. I know even a married couple can break up, and a single renter can fall o...
Jason Espi
Co sign or refinance
My fiance and I are looking to see if I should co sign his house, take cash out and get a lower interest rate. Or I apply for a mortgage loan under my name to rent out the property. I'm not sure if co signing first m...
Makayla Mack
Financing Help for Low Income
Hi All!My mom is interested in buying her first investment property and I've been doing my best to help her get started. Her big picture overview is that she has about $600k between Roth & Traditional IRA accounts...
Haiyang A.
Rejecting prospective tenant requesting for showing
I was wondering if anyone could give me some advice on tenant screening?According to phone screening, a couple is legally separated (although they say they are working on reconciliation). Wife and kids will be primary...
Jarid Reeves
240k in Equity. Bad credit. Commission income.
My current residents is valued around $210000. The properties completely paid for. I'm a licensed residential real estate agent with less than 2 years of comission. I want to start leveraging my current home to purcha...
Austin Hughes
Credit won't show up for 5 more months-Deal Breaker?
I have a willing co-signer for a mortgage on a house that I am looking to buy who has great credit. I also have about $7000 to invest in a house. However, I have no credit. I wanted to do a 203k loan to purchase and u...
Renee Yarbrough
Need Ideas about a Derailed Closing
Have a contract on a house in Clarksville, TN. Co-signer suddenly backed out due to family issues. The underwriter tells me $14k is needed to close the deal without a co-signer. This is my first deal, so I don't know ...
Ken D.
Am I asking for too much identification when dealing with co-signers?
Is it crucial to have a copy of the cosigner's social security card and/or a federal issued photo ID such as a drivers license, passport, etc.? I've always asked for these two forms of identification and have never h...
Alejandro Moreno
Best ways to get started in REI with no credit
Hey! I'm new to REI and i am just curious as to which would be the best way to start out with no credit history? I live in southeast TN close to Chattanooga TN. I am willing to learn and put in the effort!! I also hav...
Alex Kouvatsos
FHA 4plex advice. Can't get approved?
Hi, I need help getting pre-approved for an FHA loan for a 4plex in NY. Asking price is $299,000. I have 740 credit score, 0 debt, but don't make enough ($35K a year shown on taxes). I have a side business I made an e...