I am trying to close on a 4-unit multifamily property using FHA lending through Lender A. My W-2 income alone qualifies me for the purchase of the multifamily property. The Self-Sufficiency Test does not pass the requ...
I purchased my first rental property a little over a year ago in a great location for commuters. I am 1-3mins away from major highways and 3mins away from Newark Liberty International Airport. I am currently house hac...
We have just started renting our first house and, like anyone, we want to get good tenants. We have had a few leads but they have all not qualified based on what they told us. Too many dogs, did not want to pay that...
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...
For the first four properties that I purchased, the loan officers sent me "initial disclosures" which clearly stated the interest rate expected closing, expected monthly payment etc. I'm currently under contract with ...
I am under contract for a duplex. I viewed the vacant unit last week, which was in excellent condition. The other unit is currently occupied, and I plan on viewing it this weekend because the seller’s agent wouldn’t a...
Hey BP, I am setteling a lawsuit and a portion of the settlement is that I am securing my settlement with a 2nd trust deed on a property the defendant owner. To paint the picture, the building is worth approximately ...
I served a notice of non-renewal to my tenant with the lease ending in June. The tenant requested an extension to find a new place, so I granted a 15-day extension with a new end date of July 15th. It was clear to bot...
I'm a newbie investor. What time tested techniques are there to confirm rent collected when compiling your data for analysis? My farm area has wild swings of the rental pendulum rendering rentometer less effective t...