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9 October 2017 | 7 replies
- below is not advice just what I've read up on and have acquired so far:You'll need to register your entity to get a EIN# (employer identification number).Open a checking account to pay from and transact from to create separation between personal and business expensesGo get a Dun's # - Dun and Bradstreet - register your business - to get credit profile startedEstablish trade lines (homedepot, chevron gas cards, and etc) which are the easiest to get at first then work up to revolving, installment, mortgage/real estate etcBusiness credit is not scored based on your utilization rate of your credit accounts but rather only how quickly you pay the creditors so make sure you pay all your accounts before 30 days the scoring model uses a "paydex," score as opposed to a FICO scoreThe quicker you pay your creditors before the due date, the better your paydex scoreOnce your paydex score gets above 70 you'll be in average bracket and good from when you reach 80-90, and 90-100 is excellent with 100 as best.Once you reach a high score you'll have a lot better chance to get lines of credit, working capital, or other loans.I hope that helps -
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20 September 2016 | 7 replies
The current owner (an estate) cannot find the title or the VIN number.Since this is a long distance rehab I'll need to find local inspectors and contractors to provide the scope and cost of repairs.Any and all information and things to look out for are welcome.thanks for you help
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9 July 2017 | 8 replies
The timing that can kill you is the 45 day identification period.
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1 April 2020 | 10 replies
Borrower must have a valid Government approved identification card7.
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22 January 2022 | 107 replies
So something I've recently added to my tenant screening/information collection is getting the make, model, plate, and VIN of my tenant's automobile.
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4 December 2014 | 16 replies
So if you wanted to, you could simply sell your property for $1m, identify a replacement property for $5m within the 45 day identification period, close on that property within the 180 day limit using $1m of cash from the sale and new financing of $4m.
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19 September 2017 | 3 replies
Online: www.experian.com/tempfreezeremovalPhone: (Cant post phone number here) For either you will need to provide your identification information and PIN that you were given at the time of placing the freeze and the date range for the lift.
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18 September 2017 | 5 replies
Online: www.experian.com/tempfreezeremoval Phone: (Cant post phone number here) For either you will need to provide your identification information and PIN that you were given at the time of placing the freeze and the date range for the lift.
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19 January 2017 | 20 replies
Basically, as an accredited investor, you plunk down your money, sign a bunch of paperwork and let them deal with the property from identification and purchase to operations and disposition.
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26 April 2018 | 55 replies
On time for appointmentBROUGHT NECESSARY ITEMS: Identification, application information, references, application fee, holding deposit...Filled out application completely and truthfullyAble to verify all of the necessary informationAble to pay full amount of rent and depositSufficient monthly income of 3 times the rental amountVerifiable income and employmentStable income or employment for a minimum of _____ monthsFinancial obligation of no more than _____% of incomeSatisfactory credit history (no bankruptcy)Provided credit referencesAt current address for a minimum of ______monthsGave proper notice to current landlordGave proper notice to previous landlordNo prior evictionsNo problems with previous landlordsDeposit fully returned (none withheld for damages)No complaints or police reports regarding disturbing the peace, etc.No significant violations of a previous rental agreementNo pets or is willing to sign a pet agreement and meets additional pet criteriaNon-smokersHas a Delinquency Rate less than 45% based on Credit Score Analysis performed by Tenant Background Search.Has a credit grade of B or credit score of 620 or higher per Tenant Background Search.