Stefani Mokris
Financing a property with a LLC
Hello!I would like to know if I want to finance a property using a new LLC, are DSCR loans my only choice for financing?Thank you!
Cynthia Walker
Credit score 600, have 20% Downpymt,over 100k salary but DECLINED
Very frustrated... we have fair-poor credit, excellent employment, and want to buy a house $399k, can put up to 20% down, buying a primary residence, but cannot get even a pre-approval letter. What are we doing wrong...
Diane Savoian
What is an acceptable tenant credit score?
First time landlord working with a property manager to rent a large, very clean, single family home in a Los Angeles suburb. What are acceptable tenant credit scores and requirements for cash reserves? I see that my ...
Susan Kelley
Seller Financing Reneged One Hour Before Closing
Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...
Cristin Andrews
How to handle property manager leasing to person with warrants for drugs burglary etc
Hi. I just went through fixing up my rental that had about 10K damage from previous renters ( in a B neighborhood) in Houston. This is my only property and it is the house I raised my kids in in a nice family neighbor...
Pandu Chimata
Heloc for Investment Property
Hello team, I have an investment property and it has quite a bit of equity. I would like to take an advantage of that equity. Are there any credit unions who provide HELOC on investment properties? Please advise.
Luke Crouterfield
How do I start with 220K?
Hello,
I'm looking to purchase my first rental. I have 220K to do it. Of course I could purchase a flipper with this cash and start from there. However, I'm not sure this is the best strategy to eventually be able t...
Meg K.
Panicking
Hello BP,I am not renewing my current tenant's lease after 6 years...lots of late payments, damage, and disrespect as i live in one of the units in the duplex. I posted in postlets for new tenants and have been scree...
Mark Forest
House not renting
It has been cold here in Michigan, but I have had an unusually small amount of inquires on this house. Are any of you having better luck? Here is my ad: http://www.zillow.com/homes/for_rent/Burton-MI/house,condo,ap...
William H.
Selling my house. buyer wants me to carry a note. Help me out
So the house is worth $275,000 and the buyer, who happens to be a realtor wants to buy it, and get in quickly. She is having a tough time getting financing because she has been self employed for 1.5 years and not two....