The lender said that my Debt to income is too high and causing me not to qualify. I rent out my first home. I have a bank account to show that I receive rental income. But the lender is stating that he needs two years...
So I'm renting out my primary home as we have just gone under contract on a new place. I have two years of landlording experience so I can use the income from my current primary rental. My lender said that he needs ...
Our personal home burnt to the ground on Wednesday. I'm wondering if anyone would suggest getting a Public Adjuster to protect our interests as I know that my insurance company adjuster is looking out for my insuranc...
I inherited tenants 6 months ago, and finally the lease ended and they are out.
Along the way, the tenants refused to pay an extra fee for a pet they were keeping, didn't pay the last month rent, left a hole in the d...
Hi Everyone, We just launched our first STR and have hired a cleaner. They are a sole proprietor and I am wondering what information I need to collect from them in regards to taxes. Thank you!
so I've boon looking into ways to clear some negatives off my credit. I've been reading into what's refferd to as the section 609 credit loophole where you dispute the right for someone to report on your credit based...
It surprises me how little pushback I receive from rental applicants when I ask for their social security number on my rental application. While I take care to safeguard their information and destroy it when I'm done,...
I've posted about this tenant before. Bad neighborhood. Nice flipped house. She texted F-bombs at 3am on Easter morning. Yeah.... her. House is SPOTLESS and she pays rent on time but man she is a nightmare. Well, she'...
I know lenders can use 75% of the expected rents for small multifamily when calculating rental income for the DTI, but can they do the same if you plan on renting by the room for a SFR?Also, how do lenders verify the ...
Hey there everyone! I have a unique situation....or at least one I've never come across. I sold a rental home a few months back and no longer have any ties to it. I received a note from the former property management ...