New to BP. Cool site. I have been prop investing since 2008. 3 places for 7 units. Going great. Only issue is qualifying always is based on personal income and reaching my max ability to qualify based on income not on...
I am selling a house... in order to ensure buyer actually qualifies for the mortgage, I typically ask that he qualifies with my mortgage lender as well (mortgage lender is a friend of mine and I have asked him to ple...
Hello I am residential contractor who has been listening to bigger pockets for a while. I am wondering if I would qualify as a real estate professional for tax purposes ? (to deduct all the depreciation and passive l...
I manage what I call "Class C" homes defined as "clean, safe, and functional." These are not fully rehabbed and may be somewhat dated, but for someone on a budget they can be an excellent choice.I often get a lot of ...
Today I checked my email and received a reply from a ad I posted on backpage. The reply was from a wholesaling company with 5 properties for sell. YES, my first leads!!! Anyways, my question is how do I go about quali...
In the past I have used FB to find investors, unfortunately 95% of people that respond are not real investors or close to being investors. Does anyone have a list of qualifying questions I should ask?
I have a Google form that I send all prospective renters that ask for a viewing. Any feedback would be appreciated. By the way, I'm located in Massachusetts.The questions are:Full Name (first & last) * Email Addre...
When talking to people before you see their house, how far do you go to qualify them? I generally get their property description, their situation and what they think their house is worth, what they want for it, and wh...
Hi all,
I've been house hacking a duplex for over a year (fulfilled one year occupancy) and was in the process of qualifying to house hack another multi-unit, but the 2 lenders I've talked to won't qualify me becaus...
In what price range do you find the most interested buyers who cannot currently qualify for a conventional home loan?