Chad Wan
Lender cannot close DSCR loan due to Tax Foreclosure record on Primary residence
I was applying for a DSCR on my rental property (cash out refinance) and everything seemed ok, my FICO 680, DSCR 1.08, Appraisal $179K, LTV 65%.
Unfortunately, the lender cannot close due to derogatory on record on m...
Joshua Dorkin
** Tenant Screening & Credit Checks for Landlords **
BiggerPockets Partners with TransUnion to Provide Tenant Screening & Credit Checks
In an effort to serve our members, BiggerPockets now offers tenant screening services in concert with the cr...
Grace Norton
Help! Need advice - screening my first tenant
I am screening my first applications for my first rental property.
I have a young married couple who is looking to get their first apartment together to move out of their parents house. They are in their very early ...
Jessica Cooper
Chase or Wells Fargo Bank
Hello, I am currently looking to start the build up to my first investment property. I am currently weighting the options of new bank. As my main/current bank is a military bank/credit union and I don't like that I ca...
Mike V.
VRBO / Homeaway adding new fee to eCheck
Was notified this morning that VRBO will now be charing a 3% fee when processing eChecks. Very disappointing to say the least. I guess seeing the rare transaction when a guest paid by eCheck and feeling the small wi...
Vanessa Hornung
Do I pass up the first qualifying tenant?
Hi! My husband and I just posted our house for rent three evenings ago. We will be first-time landlords, so naturally, we're already feeling like we're in over our heads. I created my online listing, and with the fact...
Gil Amram
Financing options - Somewhat unusual circumstances
Good day!This is my first post, so I will include a small intro to my question. I want to ask about financing options for an upcoming deal.My wife and I have been investing for about 8 years. We own 1 Duplex rental an...
Joshua D.
How do my numbers look for rental property? COC ROI OR CASHFLOW?
This is with the Biggerpockets Rental Calculator. I put the repair costs in and all my expenses. When doing rentals whats the most important number? Cashflow or COC roi? I put i payed cash for all the propertys into t...
Luke Miller
Added Fifth Property (no mortgage, yet). Best route to finance it
I closed on my 4th rental property today, cash. My other three rentals and my primary residence all have mortgages (no second mortgages, HELOC, etc.). I am interested in taking out a first mortgage, HELOC, refinance, ...
Jeff N.
10% return non RE investment
Would appreciate some feedback on anyone that has invested or researched lendingclub.com
I have done some preliminary research the past few months on my side and it appears to be creditable.
Another question I have...