Eddie Gonnella
House Hack DTI Question - Can you count rental income?
Hi all, I can't seem to find any definitive answers to this question. I'm looking to purchase my first property with the multi-family (2-4) house hacking strategy (live-in, low money down). Based on my income and a 4...
Account Closed
I/O (Interest Only) Mortgages, Good or Bad?
Very Good financing tools! As a Mortgage Broker, when you hear someone say I/O (Interest Only) mortgages are bad, the very first thing you think is that you're talking to someone who doesn't know squat! ...."Oh, we h...
Erik E.
Primary residence -> future investment?
Hey everyone. I wanted to see if anyone purchases their primary residence only after running the numbers to see if it would be a profitable rental once you move out (I know the numbers would most likely change so may...
Lori Hoehn
Second non-refundable rental deposit
I wanted to know if someone could help me with a question, I have a rental property in DFW TX that I want to lease, but in the past many of my tenants that I have had have problems with renting because they don't have...
Chang Hee Lee
How Are You Dealing With Increased Rates?
I was working with some investors yesterday and were calling some of the local banks in town. Thank God owner-occupied loans are still under 5% but I had some lenders quoting us 6% on a fixed 30-year for investment pr...
Yuvaraj Vimawala
Selling home to a tenant
Planning to sell a home in Leander, TX to our long standing tenant. They’ve always paid rent on time. Not sure of their credit but I think they can pull of a small down payment and regular payments. Looking for advice...
Account Closed
Trouble with cash out refi because property is under LLC?
Back in March, my wife and I purchased our first rental property (turnkey SFR 3 BR 1 Bath) using credit cards through SeedCapital. Looking back, I wish I had known about Fund and Grow (or others like it) who can alleg...
Lee V.
Tenant wants to pay for a 6 month lease up front, should I do it
A 20 year old college student is wanting to rent my cottage for 6 months because she graduates this year and is planning on moving out of state. Her grandfather will be paying me the full amount up front. She is curre...
Bryant Amundson
SAC and WAC charges
Hey all! My wife and I are opening a business in Minnesota and are running into an interesting hurdle with the required SAC/WAC charges. The situation is unique because our acai bowl store does not require any additio...
Chris D
Get credit score for all three agencies
Does anyone know the best way to get my personal credit score from all 3 agencies?
Ideally, I'd like to get the score for all three agencies and then be able to monitor changes on it for the next month or so. But it...