Hi,I'm creating my landlord documents and the BP template I received has a line that confuses me. Under Qualification Standards (such as 3x/rent income, US resident, etc), it says "At landlord’s discretion, compensati...

I'm going to purchase a new primary residence in Feb/March of next year.  I know that my income will not qualify me alone.  Will I be able to count 75% of expected rental income for my old primary when calculating inc...

Hey everyone,I have a RE wholesaling company (LLC) with a partner that's owned by his entity and my single member LLC. We distribute profits from the wholesaling company to our individual entities (his entity and my s...

My tenant's lease is up and she is pregnant and buying a house so will not be renewing. We want to take care to follow social distancing guidelines and not even appear to be endangering our current tenant, any prospec...

Hello! I am looking for a smaller bank in Houston, TX to refinance some of my rentals. Looking for a commercial loan (loan in company name, but I'm willing to personally guarantee it). The problem I've run into is tha...

I would like to take a loan from a family member, and wonder what documentation I would need. I am planning on having them be the lienholder on the property, with a fixed interest rate and no payments until I sell ...

I purchased a small home in an age restricted (55+) community. I expect many of the potential renters will be retired, so their income will be from from social security, pensions, and savings.

Does the 3X rule (incom...

Will I still get approved for a home loan if I'm a first time buyer, have a 740 credit score and have the down payment but only make about 1400 a month?

I am a newbie on bigger pockets and in real estate investment. Started a year ago buying real estate in MD for hold and rent them out. I have happy renters and make some money. I am currently in the process to buy my ...

Hey everybody,

I have heard different things about whether people secure financing before or after they have found a property that meets their investing criteria. If you are working with private money, do you try to ...