Hi everyone! Any help with this cash out refinance scenario would be much appreciated. I’m currently on the back end of a rehab on a property and I’m looking to see if there are any creative ways I can cash out refina...
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Hey everyone! Need a fresh set of eyes to see what makes the most sense for us.We own a rental home on 1 acre outright with the potential for 3 more septic tanks/home sites. We need $15-30k cash to put a mobile home o...
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I'm renting an apartment in an area where bad credit applications are typical. Got an applicant who presents professionally and has a good income. Was strongly considering the app, but did a complete background check ...
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Hello Everyone, I recently heard a credit score improvement company featured on the Bigger Pockets Podcast. It works for Mortgage Brokers who want to improve their clients score and consumers who want to improve their...
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Hi guys! I am making sure I have all the forms needed for rental tenants. So far I have lease, landlord verification / application, inspection list (move in - move out.- Is there a credit score check form? - Am I miss...
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Any Canadian RE investors/property managers out there willing to share any helpful hints on your tenant screening process would be highly appreciated (particularly credit score checks). Most of the content on BP that ...
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Hey I am a newbie and very curious about this topic. What do most people do once they have obtained their 10 conventional loans in order to finance rental properties? I appreciate all the responses and tips and tricks
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For a property with a purchase price of $189,000. Amortization: 25 years with a 7 year balloon. (What does this mean in laymen’s term)Down payment (25%): $47,250Loan amount (75%): $141,750Rate: 5.03% on a 5-year ...
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I was hoping someone out here would be able to provide some insight on just exactly how the process of getting a loan approved and underwritten works. Seems as though the standards aren't always the same. Any insigh...
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How important is a landlord reference to you when screening tenants? How much do you value it compared to a credit report, income verification, background check?Have you found landlord references to be very helpful fo...