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So I find a tenant that appears to be pretty level headed. He works and takes care of his disabled mother. So we walk thru the unit and he likes it and wants to rent it. So make a long story short we sign the lease ...
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Hi all! So my DTI is currently too high to qualify for a conventional loan. If I go DSCR route how much do they give you towards the house ? I know it’s based on income the house makes so that could be tricky question...
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I read that you can hire an unlicensed assistant as a licensed associate in Florida so that the assistant can have access to the MLS. How is that accomplished and how much does it cost? Please share your experience i...
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Could a father and daughter buy a property and qualify for loan together with shared title. Then later remove the Father from title a year later?As long as the Daughter is making all payments on the loan and paying b...
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I want to see if anyone has a process when they find a property that they like. I want to know how I should submit my offer and if I should use a hand written offer or do I need to send them a form saying my offer. wh...
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I found a potential deal on loopnet.com for a 8 unit apartment. The broker is refusing to provide P&L and rent roll documentation for the property, only gross figures through email. What does this mean and is ther...
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I have a standard short sale contract my attorney drafted for me. I used it with a couple who were all excited about the help I was giving them. My plan was to wholesale the property pursuant to my successful negota...
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This is probably a stupid question, but I'm no expert on credit.
However, would be possible if I were to open a secured credit card by applying at a Wells Fargo with an initial deposit of say $5000 and after receivi...
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hello:
As the bank makes any changes to pof. I just finished bidding on a REO property by Well Fargo here in VA. The agent told me that the bank wants proof of funds with my name on it?
i used to use my HM lender...
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Can you still negotiate during a due diligence period even if your sales agreement was "as is"?The scenario is I found that the duct work in the crawlspace of a single family home I have under contract needs to be com...