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African American real estate agent professionally explaining about housing agreement to couple

Negotiating Your Rental Agreement: Tips for Saving Money

When searching for a new home, you’ve probably come across some great places just slightly out of your budget. If this is the case, and you really want the place, you could try negotiating your rental agreement to get precisely what you want. Many landlords will be open to adjusting rent in exchange for other […]

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report to credit bureaus, Rent Payments

Here’s How to Report Rent Payments to the Credit Bureaus

Q: I carried a mortgage on a property I rented out and would like to report rent payments to the credit reporting agency. How can I do this? A: Great question. If you’re a landlord seeking to report rent payments to credit bureaus, you’ll need to follow a formal process to become what’s known as

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home equity loan on rental property

Will Lenders Approve a Home Equity Loan on a Rental Property?

Before the market downturn, banks would readily extend loans and lines of credit on rental real estate. Lenders typically stipulated that those properties could have no more than an 80% loan-to-value ratio. In the current market and amid the credit crunch, however, it’s very difficult (if not impossible) to find such a lender for three

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