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New to DSCR loan. Does local credit unions do DSCR lending, or one must get it through broker or a loan officer? I am in Phoenix area, any suggestion of good source for that? Thanks.
We have a new family we have approved who appear to be excellent tenants. They have asked if we would be willing to decrease rent by $50 per month if they signed a 2 year lease. Is this worth it? This is our first lon...
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The Power of Zero is a magical thing. If you can buy a deal with zero of your own money, and have 0% interest financing, you've hit a grand slam. Deals like that do not come around very often, but they do come around!...
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After my tenants finally left we found extensive damage to the floor from their dog urinating on it plus scratches from moving furniture etc. The damages exceed their deposit and I have sent them a letter stating we ...
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Hey all, So I need some advice on what to do regarding some terrible neighbors that live next to my 4 unit property. Basically they are harassing my tenants by calling the police on them nearly every day for various...
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I have a tenant that signed a one-year lease yesterday. During the interview process she said she was downsizing which is her explanation on renting. The very next day (moving day) I get a phone call saying she wants ...
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…and so the fun begins. :-/I just had a formal inspection done today on what’s supposed to be my first rehab, a Fannie Mae REO.Lo & behold, the inspector found evidence of a buried oil tank underneath the deck (th...
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Hi! Does anyone have any tips on how to go about making extra payments to mortgage principal? I'm a contractor right now so my salary is constantly changing, but as soon as I get paid, I'd like to make some small extr...
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I currently own 2 rentals and am always conscious of the scalability. My cleaners have been missing a few small things as of late, and it seems to be sucking up some time and energy. My initial solution was a checkl...
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I had a funny thought pop into my head as I began to prepare for the upcoming tax season: should I intentionally pay more taxes (by not taking all deductions/credits claimable) so as to be able to leverage that income...