To get a better rate on a DSCR loan, a borrower is supposed to have at least a 700 Credit Rating. My mid-score is a 703 which puts me on the edge and in the higher rate environment anyone would like to at least minimi...
I have a buy and hold that we recently purchased. We did a light rehab on it which involved paint/carpet/minor kitchen and landscaping work. House is half galvanized, half copper with some pex sprinkled in here and ...
I'm in need of finding the following things:
1. Good reliable, legit ONLINE place to run credit/background/previous rental history checks on prospective tenants.
...
How would you wholesale a deal if you were in a position where you were not physically able to see the property and get the deal under contract in person? You can wholesale the deal in your area, but the problem is yo...
Hello all,Thank you for taking the time to read my post. Now that my youngest is in pre-school I am now a full time real estate agent in Suffolk County, New York. The years home with my kids I used as an opportunity t...
I am considering purchasing a multi-family property in Northern New York. It's listed at $103k as a 4-Unit with an office, however the owners have the office rented as a 5th unit. They told me that they don't report...
I am renting a room in my house and my current tenant is moving out. She recently caused a small burn in the laminate/vinyl floor in the kitchen. The burn is in the middle of the floor, but is only about the size of a...
Hi,Long time lurker on BiggerPockets and first time poster. I've been interested in getting into multi-family rental investments for some time and have been reading and getting educated on the analytics. After finall...
My offer was accepted on a HUD house, and (as an investor), I made my $500 non-refundable deposit.
I've now been notified that if I want utilities on I have to pay a $130 dewinterization fee and buy a general liabili...
We have had our duplex for one year now, and aren't looking to acquire any more properties.Maybe this is a dumb question, but do I need accounting software (Quickbooks, etc.) or can I just do our taxes with Turbo Tax ...