All Forum Posts by: Roschelle McCoy

I have an three people wanting to split the rent on a house I own.  Two of the applicants have outstanding credit, the other is  on the low side (500's), which is obviously concerning. I'm struggling to interpret his report and am hoping someone here can help.  He's used 100% of his available credit,  but shows $0 in monthly payments, a large sum of total debt (about $65K), but all accounts (which are student loans) are marked as closed and marked as seriously past due.  His "time since late" is one year.  This info all seems contradictory to me.  How can he have used all of his credit but has no monthly payments?   And how can he have seriously past due accounts if all the accounts are closed?  Should I reach out to this person for an explanation and references or just reject and move on?

Welcome Josh! There's a Peoria REI group on meetup.com that typically meets the 3rd Thursday of every month. Best wishes on your new journey!

This sounds like great content!  Will this session be recorded and shared for those not local?

Welcome @Libby Baugher!  I’m also working as an investor in the East Peoria and surrounding markets. I’m fairly new myself, but happy to try and answer any questions you have. 

Here's a link to the group. https://www.meetup.com/Peoria-Real-Estate-Investor...

We typically meet at Kep's Place in Washington.  We haven't met for a few months, but hopefully now that the summer months are over we will start regular meetings again.  @Sunil Sharma  @Bobby Brown

Welcome to BP @sunil sharma!

We have a local REI group that meets in Washington on a monthly basis. Find us on MeetUp.com. Group name is Peoria Real Estate Investors.

Thanks all for the well wishes!

@Paul Gottshall - you bet I'll be there!  See you next week.  

@Account Closed - thanks for the offer.  I have a few good leads going but in the event I get hung up somewhere I'll be in touch :)

Hello!  I'm just getting started with real estate investing and am equally excited and scared!  I currently work full-time at a Fortune 50 company but am ready for a change.  My goal is to eventually replace my current salary by working in real estate.  

I own a 100 year-old home in Washington, IL and I absolutely love renovating and restoring my house.  The work I've done on this house over the past decade has helped me realize my true passion for taking homes that have been neglected and bringing them "back to life" for a new family to enjoy.   

I have three beautiful children that are my pride and joy.  Being a full-time, working mom adds some additional challenges (especially from a time perspective) to getting this business going, but I'm totally up for it and looking forward to where this takes our family in the future.  

My focus is on residential flipping and buy and hold properties.  I've got my business set-up and ready to go, now looking to find private investors and start working some deals.  I'm also looking for recommendations for real estate accountants local to my area.