Sarah Buchanan
Prospective tenants with new jobs / commission / independent contractor
I own and manage several SFR and have some interested tenants (roommate situation) who meet my screening criteria (good credit, income 3x rent, great references), but none of them have solid work contracts. One makes...
Vivek Shrestha
Operating Agreement Review by Legal Team
Hello All,We are starting a new LLC for Long Term Rental investment. We have created an rental operating agreement for the partners within the LLC.Do we need to consult with the Lawyer or legal team to finalize the op...
Ryan Pearsn
Lenders supporting FICO in low 500’s @ 10% down
Need help finding/lead on a lender that allows FICO in low 500’s (510 now). I have heard based on overlays, these lenders exist (maybe even FHA vs. hard money). Specific property located in Minnesota, under contract t...
Ryan Pearsn
Lenders allowing FHA with FICO in 500’s w/ 10% down?
Need help finding/lead on FHA lender that allows FICO in low 500’s (510 now). I have heard based on overlays, these lenders exist. Specific property located in Minnesota, under contract this week.Other detail:- $350k ...
Nick Salafia
New licensee
Hey everyone! My name is Nick and I am 21 years old and am from Sherman, TX (about an hour north of Dallas). I am about to take my exam for my salesmen license and am excited to jump feet first into real estate invest...
Jared Lichtin
Do Property Managers need Credit Repair for Tenant Applicants?
Hi, I have been seeing a lot of posts about tenants applying for a lease through a property manager, and getting denied for a low credit score. Whether its for a rental property or multifamily, I assume investors meet...
James Edwards
Buying house that is in Bankruptcy
Been evaluating a large, older house that is in bankruptcy with its owner. It has been listed for over a year for at $60,000. It last sold in 2011 for $27,000. I assume in fully livable/decent condition. Smaller, and...
Betty Hahn
Help for a homeowner who's home is already in auction
Hello all:
A homeowner reached out to me and I wanted to find out if there is a way to help him.
His story:
1. Mortgage hasn't been paid for 2 years and owes about $50k - $60k.
2. Working with a company to get a ...
Joel Owens
Bigger pockets tenant screening tool-Have you used it?
I was looking at the tool today in the newsletter.
It appears it uses Trans Union.The price I don't have an issue with.Where I live in Georgia Equifax is bigger.So for a tenant I would want all 3 credit reporting age...
Adam H.
Another Newbie Saying Hi!
I have been lingering a few days, and I figured I should make a post to at least introduce myself. So, hello from the Twin Cities!Right now, I'm coming to the end of a debt payoff journey. My dad did a lot for me grow...