Jennifer Guertin
Accept tenants or not, income requirements
Hi everyone, I'm trying to fill a 1BD apartment in May and have a couple that would like to rent. I require monthly incomes to be at least three times the monthly rent. Each person has excellent credit and separately ...
Jerry Swanson
Is it good idea to use heloc for first investment property
Me and my partners are getting into real estate and we were told a heloc was best way to get cash for first property. As anyone used this technique, and if so was it a good choice?
Robert Joiner
Real Estate Rookie in Dallas
Greetings all, I'm Rob in Dallas, I'm a Mortgage Banking and Operation Professional. I also have my degree in Marketing. I'm working to establish myself as a Wholesaler. I'm excited about the possibilities this site ...
Travis Kemper
Current owner unwilling to provide P&L or pics of inside/ allow
Hey all,I'm looking to buy my first multifamily property and I came across a deal that I love the location of, rents are way under market, and I can afford. Here's the question: current owner is unwilling to allow l...
Benjamin Arritt
FRAUD Alert for People Who Buy Houses
I can tell you from firsthand experience that the current information available online regarding fraud and ID theft has not caught up with the tactics used by thieves. I am posting this now because the most recent sco...
Samuel Williams
Timing: When to get loan pre-approval
My wife and I will be moving to a new town around the beginning of 2022, where we will both be starting new jobs. As part of this transition we plan to buy a multi family property to house hack, living in one unit. My...
Jendayi Brandon
Due date error on the lease
Hello-I made a typo on the lease that stated rent would be late after the 10th or each month but it should have been the 5th. My tenant is refusing to sign an amendment. Is this one that I have to eat?-thanks
Jimmy Lieu
Help getting a pre-approval with a 1099 job?
Hello BP community,I recently just road-tripped from Portland, Oregon to Columbus, Ohio to start building my real estate portfolio here. However, I've just come across a huge hurdle. I received my job letter and it's ...
Nicky Rasulova
What information lenders require to evaluate a borrower credibility?
Hi everyone,I had a question on what type of information a lender usually requires from a borrower to evaluate his/her credibility. Is there a sort of checklist of docs/information that is necessary before applying to...
Drew Sygit
The Most Important Part of Any Move-In: The Inspection Checklist
It’s always good to stay organized, but when you’re doing something as complex as moving into a new home, it’s not just good — it should be mandatory.
When you’re moving into a new home, especially a rental, ...