Drae C.
FHA and job loss
hello, I've been working at my job for a year now saving to become an investor with the use of a fha a loan but, the company isn't doing so well right now and its possible I could be laid off. Is there any exceptions ...
Jenn Baker
purchasing during job loss
Will try to make a long story short. We have a nice lump sum of money coming. We rent at a rate more than it would cost to own. My husband is possibly losing his job before the end of the year. We want to take the lum...
Drae C.
Job loss and fha
hello, I had a job as a warehouse associate and was hoping to meet the FHA 2 year job requirement here but was laid off after 1 year. If I get a new job with increased or same pay as a warehouse associate soon would I...
Brad Eades
Bad credit could equal job loss
Hey guys, my wife and I really want to get into real estate investing. There is one major concern that is holding us back. My wife had a really good job and because she handles large amounts of money if we hit financi...
Christine Steiner
Job Loss 1 Week Before Closing
I need advice. We are closing on our first investment property in 1 week and we already have a renter lined up! The guys is military and will sign an 18 month lease. Expected monthly cash flow is $290 (after PITI,...
Mark S.
Leniency for Tenant Job Loss/Late Rent
Tenant has lived in property for 10 months and has always paid rent in full. Tenant recently lost a job (but found a new one!) and proactively communicated this to the property manager. Tenant is supposedly waiting ...
David Ivy
Austin Recovers ~40% of Pandemic Job Losses
According to a report by the Austin Chamber of Commerce, Austin's seasonally adjusted June unemployment rate is 6.4%. That is down from 10.3% in May. That's a significant move in the right direction, but the area econ...
Aaron Gordy
Texas Covid 19 job loss trends downwards
Folks probably already know that its a trend after the near complete shutdown of the economy. Its a good positive sign to see it in reality. Its the 7th week in a row. The report covers all the way to April 18th so ...
Dan Constantine
Tenant breaking lease due to job loss
My tenant has informed me he needs to break the lease due to job loss. He has 1.5 years left. This property is in DuPage county Illinois. My brother handles the management side so I don’t know what the lease agre...
Neil Narayan
Coronavirus job losses hit these 10 states the hardest
Every state is impacted but glad to see that Texas is on the lower end of the spectrum.Comparing each state’s average weekly jobless claims totals over the last three weeks to the week before shutdowns started occurri...