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2 July 2024 | 10 replies
Keep in mind that individual landlords and property management companies may have slightly different criteria or additional requirements, such as credit score, rental history, and debt-to-income ratio.
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2 July 2024 | 4 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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29 June 2024 | 2 replies
After the credit score is built I want to get an FHA loan for house hacking, I know that you need a job history to apply, but here is my question "Does the job history from my country matter in the USA as a 17 years old or in general as an adult for an FHA loan?
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2 July 2024 | 3 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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3 July 2024 | 24 replies
If you would have simply held on and collected rent for 72 months, you would have been up money...and that is buying at the peak right before the biggest real estate bubble in modern history.
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2 July 2024 | 7 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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1 July 2024 | 2 replies
Hey Oliver,To reduce the high interest rates on your commercial loans for single-family houses in upstate NY without changing the loan terms, consider these steps:1.Negotiate with Current Lender: Highlight your good payment history and compare rates from other lenders to negotiate a lower rate.2.
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1 July 2024 | 6 replies
So, we obtain a full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc. to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.
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1 July 2024 | 1 reply
They can help structure the deal, assess the financial feasibility, and connect you with potential investors.Due Diligence: Conduct thorough due diligence on the facility, including financial records, operational history, regulatory compliance, and potential for growth.
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2 July 2024 | 17 replies
Then we look for acceptable rental history for last 2 landlords, unless same place for 3+ years.