Lee V.
Proper procedure for screening potential tenants?
Hi all,Is there a website that you guys reccomend to do credit and background checks?? If there is a fee to do so, would the tenant pay for it? Do I refund them? Or is it part of the protocol. What is the minimum cred...
Nik Parks
My spouse has no credit
Hey guys!
I couldn't find a forum that answered my question so I thought I'd start a new one.
This is kind of a long term question:
My plan is to buy a multi family home via an FHA loan. I live in New York City so ...
Jennifer H.
Should you rent to a tenant who filed Chapter 13 Bankruptcy one year ago?
What are your thoughts to renting to a tenant who went under Chapter 13 bankruptcy? Tenant that applied has a very low credit score of 545 and is under Chapter 13 bankruptcy. Credit check reported bankruptcy on ...
Curt Bixel
Options for refinancing residence and investment props Cols Ohio
I am considering pulling some equity out of my primary residence as well as some rental properties in Columbus Ohio. I spoke with a local bank today that offers a great rate for a HELOC, but I would really like to lo...
Valerie Bowman
Blanket/Portfolio Loans and buying an 8 unit with a single family next door
Hi everyone,I am looking for advice on a deal I have under contract for 550k in Sandusky, Ohio. It consists of an 8 unit apartment building being sold with a single family home next door to it, each on their own parce...
Samantha Zanotelli
Jumbo Loan Question
Is there anybody offering 10% down on Jumbo Loans in Southern California..
I was told that this isn't possible right now and that given the current market most people want to see 12 months of reserves. Was curious wh...
Sean Harris
Delayed financing and BRRRR
I will be buying properties soon and implementing the BRRRR strategy. The thing is, i will be using a HELOC for the full cost of the home plus rehab. To make my payments lower on the HELOC I was thinking of using dela...
Reggie Rearden
Killer deal..... I think!
So I think I've found an amazing deal. Its a multi-family unit listed for $240K. Its currently occupied at full capacity with tenants on a waiting list. The gross annual income is $57K. The total cost of expenses is $...
Jason Lam
Refinance Depreciation items
I work in finance and do my own taxes as its normally pretty straight forward. I did however just refinance an investment property to take advantage of the lower rates. I understand underwriting fees, title fees, reco...
Jessica Young
Is this the best way to go about it?
My property is up for rent near LSU and I’ve only ever rented to graduate students. I have an international applicant this time around that has great references and her PhD letter from the school, but she has a collec...