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I'm in the process of implementing credit check requirements for all new rental applications. I'm wondering what BP members recommend for websites/companies to use for performing credit checks?
Thanks in sdvsnce!
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I've noticed a recent trend where HML are starting to ask for loads of documents (W-2's, Bank Statements, etc.) in order to qualify for loans. On top of these documents they are now requiring the borrower to have a f...
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I'm looking at a property in the City of Baltimore that currently has section 8 tenants in it. For those of you experienced with section 8, what is the process for converting the units from section 8 to traditional...
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Hello,I recently paid off a seller financed purchase note with a long term mortgage with a conventional lender. ***Quick note: This is in Texas and the promissory note documents are very barebones*** So this was not t...
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I am looking to ask family for a hard money loan for a property. My self employed status and 2020 tax return are making a conventional loan difficult. Is the a template document available to use as a contract? If not,...
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Looking for flexible mortgage options for non-us citizens. Any recommendations and experiences to share?
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I have a seller that wants to use their closing agent but I would rather use mine since I am looking to do a double close (wholesale deal). The property is here in GA and the seller is in TX (and wants to use their c...
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hello all, just curious to see where do you keep property related documents - deeds, title insurance, etc? Are those documents replesible in case of a loss? What is the best place to keep them? Thank you
I have a condo that, apparently, has some building common space within it. I had received the documents when buying it two years ago with the bylaws, etc., and had reviewed them. But, the plat map showing the common s...
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Hello! First time poster here on Biggerpockets! My business partner and I are looking into buying STR property in Panama City Beach. We’ve been seeing a lot of limited information on rental rates as many properties th...