Account Closed
How does seller financing effect my debt to income ratio?
Hello,
So, I believe these are the three things looked at by a lender.
[1] credit score
[2] debt to income ratio
[3] how much money I make a year
I can control my credit score, but I can't control my job income (to ...
John Warren
Indiana or Wisconsin?
HI BP community,I am considering going outside the Illinois market to grow my buy and hold portfolio. My wife and I have a four unit that we just refinanced, and we are hoping to complete the sale of our home which wi...
Nick Williams
Indicators Suggest a Decline - New Investors
Im hearing from friends in the industry that the market is starting to shows signs of a decline. What suggestions do you have for new investors during a decline? What should a NI be looking for? Thank you
Jacqueline Brown
Mobile, AL Newbie
Hi all, I decided the level of my lurking within the past month on BP was borderline "peeping Tom" so I've decided to introduce myself. I'm Jacqueline, currently residing in Mobile, Alabama where I just recently purch...
Apar Bains
Lease problem for a new property
Hi Guys, I am planning to buy 2 properties in California with a total of 11 doors between them. Each bedroom is rented out individually by the previous owner on a month to month lease. There are no deposits in place. ...
Andy Casey
Notice to quite required 60 days before end of lease
Hi , I had a quick question about the notice to quite laws in North Carolina…. I am have a small rental portfolio in Oregon. And was talking to my sister who is renting in Charlotte she was getting ready to move at th...
Joan C.
How to probably handle current remain in Short Sell Transactin
Hi,
I am purchasing a short sell property in Santa Clara city, California, current tenant might stay after transaction, what is the best way to deal with it? he currently does not pay rent to the seller, can I start ...
Shane Malloy
Self Directed IRA for First Rental Property
I have been researching for my first rental property. I have a pretty substantial amount of savings in a rollover 401K. I have ~$40K-$50K available for investment in cash but have a substantial amount in 401K saving...
Ken Vogel
considering turn key type property
Hello folks, I'm looking for my first property. I have some reservations of doing major rehabs but could do minor rehab without hesitancy. Ive basically only been shown or looked into turnkey or very close to turn-k...
Jonathan Sowinski
NEED TO FIND SPOUSE!!!
Hi all, it’s been a while since I last posted to the forums and thought I would share an interesting situation I came across with the BP world. As the title states…I am looking for a spouse, not for me as I already h...