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Results (836)
Account Closed $64,000 Owner Finance Deal, 12 Cap
1 March 2015 | 2 replies

I am new to this forum, having lurked for some time. I recently completed another owner carry deal in OH. As I posted elsewhere today, I'm doing more of these transactions due to their more passive nature, compared to...

Marissa Contreras Who do you open your business bank accounts with?
5 April 2023 | 14 replies

I just created my LLCs and I'm wondering who to open my business bank accounts with. Does anyone have any recommendations for the best point system (most reward) with banking with a specific bank? Do you prefer smalle...

Ryan Tortorich How do you deny applicants?
29 October 2017 | 6 replies

I have an applicant who has provided false employment information (company has no record and paystub has someone else’s name). There are a few other red flags but bottom line is that we aren’t interested. We sent a ge...

Brad Fry Asking more for rent once you screen an applicant...Legal?
23 September 2014 | 5 replies

I have had a few applicants for one of my rental properties that are in my B rate qualifications box.  Is it legal to offer the property for rent to a potential tenant but raise the rent from what I had originally adv...

Devin Bost Legal under RESPA to control loan officer used?
27 August 2019 | 4 replies

I heard that it can be advantageous for a real estate agent or broker to ensure that buyers are required to use the broker's recommended loan officer or mortgage company unless the buyer is willing to provide an addit...

Ronald Logan Question about Pre-qualification for REO
24 September 2018 | 2 replies

Hello Folks-I have a question that I am not sure if there is a simple solution or if I need to go thru a long process.I have submitted an offer for an REO and they are asking for Pre-qualification information.The chal...

Raid Murshed Buying A Condo or Co-op as investment property?
21 December 2019 | 9 replies

Is it better to buy a Co-Op or condo if you are trying to get rental income? I know for co-ops some board members will not allow you to even rent your co-op. I live in New York, I want to start investing but co-ops an...

Corey Meyer Need financing fast for $189k Big Sky, MT studio STR!
27 January 2022 | 9 replies

The perfect property that checks all my boxes for a short term rental just hit the market today and I don’t have financing in place!I would like to put in a full price offer on a studio near the ski area of Big Sky Re...

Chris Roberts Qualifying STR Income For Refinance
8 June 2023 | 3 replies

I'm trying to get a HELOC on my primary residence but am having trouble because my DTI is too high due to the mortgage on an STR. It has significant rental income for 2023, 2021 and 2020 (none for 2022) but since it d...

Bradley Lewis Rental Qualifications Too Strict????
12 August 2022 | 11 replies

Could I get some feedback on my qualifications for my SFH? Are they too strict? I am in the east region of Dallas. Thank you!Income must be 3x the rent. Credit score must be a minimum of 680.  No evictions, bankruptci...