Eric G.
That's Just Criminal
Anyone see this?Oakland bans criminal background checks on potential tenantshttps://www.latimes.com/california/story/2020-01-21/oakland-bans-criminal-background-checks-on-potential-tenants1. Is this fair to the law-ab...
David S.
Rejecting Applicants
I just took the plunge and purchased and renovated my first SFH to rent. I have an applicant with a violent criminal offense in the fairly recent past that I want to deny on that basis, and I want to do it legally and...
Vincent M.
What is your process to screen your tenants?
Hi Everyone, Historically, I have used a real estate agent to rent my properties. I have spent too much money on this. On the advice of member here, I am renting my currently vacant unit on my own. Can I ask what tena...
Yvette M.
pre-screening questions
Anything else to add to my screening questions?---------------------------------What interested you about the property?Why are you moving?Tentative move-in date?Monthly income?Do you have first month’s rent and securi...
Chris Mason
FNMA will count lease option higher rent towards down payment
Who knew? Take a look at this little guideline from the 2005-2007 era that doesn't appear to have been significantly revised:The biggest problem I see here is that FNMA isn't going to honor whatever you write as the r...
Arnold B. Guerrero
Do you have a preference on a Bank for business account
Good afternoon entrepreneurs,I have a question on business accounts. What is your preferred bank and why?We started a RV business and have an LLC for our property business (Rental properties)I have a few things that ...
Cristian Yepez
Can u buy a house if you are 40 with no credit?
My dad and my mom have few years in the US and they don't have a credit card.They are getting their fist credit car in the summer.Can they still buy a house in a year? And how can they improve their credit care to buy...
Jeff C.
Bank or credit union for out-of-state investment?
Hello all -I am new to the real estate investment world and am still in the "fact finding" stage. I live in California, and my ultimate goal is to invest out-of-state (likely in Pennsylvania, Indiana, or Ohio) with bu...
Hannah Noble
Resources for Mortgage Pre-Approvals
My name is Hannah and I am a newbie in the REI world. I am wanting to start with a house hack and live in the Orange County area. I am trying to get a good idea of what I should plan to save for, what I could afford w...
Belinda Arredondo
Requesting Loan advice
First time home buyer. I have excellent credit score, small down payment (under $10k), DTI is at 8% - there's a teacher loan available at my credit union: no down payment required or PMI and it's 103% financing. Loan ...