Rong Liu
Low Credit Score applicants
Hi, BPers,I need your kind help.I am in the progress of screening tenants with mysmartmove.com. Currently one family applied as husband/wife/2-kids and uncle. The three adults makes 12.6k annually or 3.5 times of the ...
Richard Campbell Jr
Creating an LLC
Happy Memorial Day Weekend!!!I own two investment properties and I don't have an LLC started yet. I plan on creating one but I had a conversation with my sister (she is a commercial litigation lawyer) and she said I s...
Jordan Woolf
Renting to college students
I am looking at rental properties near a college and was curious if this is a good strategy. Has anyone tried implementing this strategy? If so, was it a positive or negative experience? I would most definitely be wor...
Erick Garske
CPA Comfort Letter
My lender is requesting a CPA comfort letter. Has any had experience with a lender requesting this type of document from their CPA? Has your CPA been reluctant to provide such a document due to the perceived liabilit...
Kelly Williams
info about DSCR Loan
I would like to purchase a new investment property and use it as AIRBNB to get profit. Based on my employment history I am only able to pull DSCR loan and I am seeking assistance in getting the right lender and doing ...
Kenny Colato
Does a BRRRR work out for a Newbie?
Hello Guys, I’m Kenny! Like many of you, I am very interested in Real Estate and had some questions towards this:How does a BRRRR sound for newbies? - I am currently thinking of starting my first deal as the BRRRR str...
Sawyer Nyquist
Recently Divorced/Seperated Tenant
Hello BP,I am taking applicants for my first rental property. The most interested and promising applicant so far (after only a week) is a middle aged woman who's husband just left her (not sure if they are divorced or...
Chris Harkins
When doing rental screening, have you...??
So I've always called the previous landlords on our tenant's application.. However as of lately I'm seeing a dramatic increase in the number of landlords who are unwilling to just give me a couple quick yes/ no answer...
Stacey Everett
What is the note investor looking for when purchasing an owner-finance note
I have a deal that I am working on. I am fairly new to OF deals. I own the SFR outright. I am selling the property for $125k. The buyers are putting $5k down and financing $120k. since I am fairly new to RE investing,...
Gwendolyn Davis
Advice needed
I have asked a few question trying to find a strategy to purchase a property. Is it possible to borrow money from a hard money lender to purchase a foreclosure property for cash then refinance the property to pay back...