Joe Genova
5 Month private mortgage
What would be a fair fee and rate for a 5 month private mortgage. I'm situated in Toronto, Ontario.
Libo L.
Rent to foreign nationals
Dear fellow landlords, have you had experience renting to foreign nationals? How do you do credit report and background checks if they have never lived in the States? Would it be fair to ask for extra security deposit...
Mathew Grimes
How to structure a temporary STR partnership?
I am currently under contract for my first short term rental property in the Pigeon Forge, TN area and at the last minute the bank is wanting me to have a co-signer with a better credit score. A business partner is wi...
Jeremy Martin
Negotiating Purchase of Home With Solar PPA
Hello folks,
I’m looking for some tips, not really on how to negotiate a number in this situation, but on how to handle the money if I reach an agreement with the seller.
I’m in escrow on a home that has 15 year...
Sarah Jukes
Refi loan Rebate/Points reasonable?
6 months ago we got our 1st refi cash out against our home to purchase a rental property, plus a mortgage on that property. Costing us over $10,000 in broker/underwriter fees for the 2 loans. Our mortgage broker conta...
James Wise
FHA Disparate-Impact Liability Upheld
FHA Disparate-Impact Liability Upheld Read the full decision: Texas Dep't of Hous. & Cmty. Affairs v. Inclusive Communities Project, Inc., No. 13-1371, 2015 WL 2473449 (U.S. June 25, 2015)In a much anticipate...
Nick Miller
when screening tenants what are the BIGGEST things you look for?
A month and a half ago I rented out a property to a promising prospect... She had adequate income, sterling references, great job history and one small dog.
As it would turn out she also had cats, extra room...
Samuel Lacroix
Do you grant first come priority for applicants?
I have a unit for rent and two days ago I showed It to a young man who will probably meet my minimal standards (screening process is in process). I also got a visit yesterday, an older man who is looking for an apartm...
Andrew Ager
BRRR strategy ( funding hard money lenders )
I have a deal lined up but I’m hesitant about moving forward. I am going to be using hard money to purchase the property. My problem is I have to rehab the property before tenants in which may take up to 3 months . Du...
Katrina Cebrian
Applicant With 2 Recent Domestic Battery Arrests
I have an applicant who has a relatively recent history of two domestic battery arrests but no convictions. Can I legally reject his application based on this? A little background- my husband and I are newbie buy and ...