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My tenant of 3 years would like to purchase my home which I have a FHA loan on, he has very little money for a down-payment and last time we ran his credit it was around 590. I am willing to give a full sellers assist...
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Has anyone used Seed Capital LLC to establish business credit card accounts. They are offering to charge me a fee of $3500 to establish $50,000 minimum zero % interest for 12 month card. Is this a good deal or a was...
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Hello, I am working with an agent who would then be my property manager to find a tenant for a property I own in NW Indiana. She found potential tenants but told me she could only share their credit score with me bu...
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Hi! This is my first post on this site!
I have 3 rental properties and my own home. I own all of them outright. I've never been in debt and I've never bought something I couldn't pay cash for. However I'm wanting to ...
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What does the mortgage officer look at the most when determining if an applicant will be approved or not?
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I am constructing a tenant application and looking at others I noticed that some applications have spaces for bank account information and credit references. Do you recommend putting those on there? Wouldn't pulling t...
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Has anyone used a "Commercial Equity Line of Credit" (CELOC?) to refi a group of properties? My thoughts were to have the current commercial (Hard money) mortgage liens released prior to getting an CELOC. I know the h...
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Hello,I am buying my first place in Bronx and under contract on a three family and will be living in one of the units. I have a few duplexes in Atlanta but this will be first one I have lived in and managed myself.Do...
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Hey everyone,I've looked through some of the other posts on this topic but didn't notice anything for my state. I'm brand new to REI and I'm looking to house hack MF; probably a duplex. I've talked a little bit to two...
My brother and I are on the deed of a duplex we inherited from our parents, and we both live in each unit. The property is owned free and clear and appraised at approximately $150,000 just this year. Several years ago...