I was told that lenders will no longer be able to choose the appraiser or give the appraiser a copy of the sales contract prior to the appraisal. My understanding is that when a lender needs an appraisal they would r...
My lender told me today: "In October Freddie is changing their guidelines that even though you have no rental income history, we CAN use the rental income which we have not been able to do for a few years. "Can anyon...
There's a 4plex that I'm thinking of purchasing but I suspect the listing agent is trying to double end the deal. He was keen on talking to me earlier in the week when the property first came to market. He said there ...
I'm looking around Redfin this morning and notice some nice looking properties that are priced for a quick sale and I feel like they should get snatched up quickly but Redfin has them listed as being on there for 70 d...
Long story short............. under my schedule e he put 365 days fair rental days when I purchased the property 8/20/14 and was really only like 120ish fair rental days. Now I cant use any of that income under Fannie...
Hi, tenant has been occupying property for over ten years and the seller cannot produce the lease only the renewal documentation. Not sure if lost or what. What should I do in this situation?
Hello fellow investors! my name is Torrie I'm new at wholesaling and need advice on how to handle foreclosure properties and also how to get Probate leads in the Oklahoma city area. All advice is needed!!
I'm rereading Brandon's book on Managing rental properties and he mentions that you need to give everyone an opportunity to apply, even if they don't meet the minimum criteria you have set. Do I also need to show my p...
I am in contract and doing due diligence and wondering what I should I be looking for. This is my first deal and I don’t want to miss anything for my DD, also i am doing this out of state. It is an offer in on two dup...
I am in the process of refinancing a rental on to a 30 year fixed loan. The lender advertised this loan to me as a loan to the LLC with my self as a contingent grantor.I got the formal application documents today, ...