Jordan Thompson
Ever had any hiccups from credit inquires? my HELOC was denied..
Hi everyone! I am (have been) gearing up for my first deal for about 4 months now and after I refinanced the primary mortgage, I got my pre-approval letter from the same lender and went to open a heloc with a credit ...
Don Li
Can a bank deny a mortgaged based on where you live?
Some background, I used to live in area X for two years. I am now living in area Y (multiple states away). I want to buy an investment property in area x and the bank is saying because I don't live in the area anymore...
Ying B.
Approve or Deny? Expenses > Income but meet Gross 3X of Rent
I have a listing priced at $2450 (4 BR, 2.5 bath).
I am currently focusing on 1 applicant who makes ~100K in her current job for 25 years, excellent rental references for past 9 years but my rent is $800 more than he...
Paul Kuegle
How do I tell an applicant I am denying their application.
I had a couple apply where one has a job that make 3 x rent. However they had a house go into foreclosure this year, declared bankruptcy, have no landlord references, currently lives with his mom and he's around 40 an...
Ray Hollins
Denied Loan even w/Great paying Job, DTI and credit score
I suffered a kick to the stomach today. I work in the healthcare field, I make good income, receive a W-2 but I only work in 3 month throughout the year for multiple employers. My plan was to purchase my very first pr...
Denis Saklakov
Design Matters ! But The Client Matters More !
We have discussed at our latest meeting how interior design makes a difference. This being said, the design must be driven by the segmentation of the end user of the real estate. So frequently we have seen the tastes ...
James Stiles
Denial letter for non-qualified applicants
New to landlording and we have a single rental property with three units. Do we need to send out denial/adverse action letters to every application we screen that doesn’t meet minimum qualifications?
Dustin Wells
Landlord and renters insurance
Hi Everyone,I'm looking at getting my first rental, and am researching insurance. I'm trying to decide on insurance coverage. Am I right in assuming if a renter has renter's insurance, and they miss a payment on their...
Denis Ryan
STR Buy and Hold in Fort Walton Beach, Fl
Investment Info:
Condo buy & hold investment.
Purchase price: $142,000
Cash invested: $62,000
Our first "Buy and Hold", Bream Av was a clean, but severely outdated STR. A 3min walk to the beach, ...
Ray S.
Spouse failed Background Check
I have a Renter living in one of my properties in Houston, TX. Dad, Kids and Pets are on the lease. Dad has been a very difficult tenant due to having new pets without informing, not maintain yard etc... and other i...