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All Forum Posts by: Scott Walker

Scott Walker has started 1 posts and replied 3 times.

General Landlording & Rental Properties

Post: Screening Criteria - Portland, OR

Scott WalkerPosted
  • Posts 3
  • Votes 1
Quote from @Henry T.:

I follwed the link(thanks). Very interesting, but it  turns my stomach at it's intrusiveness to one's business model. Low barrier 500 credit score? You've got to be kidding. Portland is a joke.


 Ya, it's bad. That's why I sold everything in town except one that I have a partner on. The maximum you can require for income is 2.5 times the rent. So if your rental is $1,700 a month the max you can require for income is $4,250. After they pay rent and taxes they have about $1,500 or $388 a week for everything else. That seems a little tight in today's economy to me but that's the maximum you can require. Seems like BS.

1 Vote
Innovative Strategies

Post: Double Closing Point Paid?

Scott WalkerPosted
  • Posts 3
  • Votes 1

Thank you both. 

0 Votes
Innovative Strategies

Post: Double Closing Point Paid?

Scott WalkerPosted
  • Posts 3
  • Votes 1

What are the typical points paid to someone funding a double close for a wholesaler?

0 Votes