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22 October 2024 | 19 replies
what is the best way to fund renovations on a flip project (other than cash)hard money lender, line of credits, credit cards?
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23 October 2024 | 11 replies
If you have access to a line of credit on your primary home, that could be a good option.
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24 October 2024 | 13 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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23 October 2024 | 5 replies
The prospect completed an application and checks the credit and income boxes but does have a mark on the criminal record.
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23 October 2024 | 7 replies
Since you're in Florida and the laws are much more fair, I'd be willing to take a chance if his background/credit check came in clean.
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25 October 2024 | 2 replies
The home buying process typically follows these key steps:Assess Your Finances: Review your credit score, savings, and determine how much you can afford for a down payment and monthly mortgage payments.Get Pre-Approved for a Loan: Work with a lender to get pre-approved, which gives you a clear budget and shows sellers you’re a serious buyer.Find a Real Estate Agent: Partner with an experienced agent who knows the local market and can guide you through the process.Search for Homes: Browse listings and visit properties that fit your criteria (location, size, price, etc.).Make an Offer: When you find a home you like, submit an offer through your agent, including contingencies (financing, inspections, etc.).Home Inspection & Appraisal: Once the offer is accepted, hire an inspector to ensure the home’s condition and the lender will order an appraisal to verify the property’s value.Secure Financing: Finalize your mortgage by submitting required documents and ensuring the lender clears you for closing.Closing: Sign the final paperwork, pay closing costs, and receive the keys to your new home!
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19 October 2024 | 4 replies
You've already gone above and beyond, but it seems you just dig up more problems.When you run a credit/criminal background, the credit report should list the applicant's current and previous addresses.
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22 October 2024 | 7 replies
I'm moderately experienced in subject-to (had approx 6 over last 9 years), but this will be my first time as a seller with the underlying loans in my name and more of the risk on my credit.
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22 October 2024 | 2 replies
I think you are definitely on the exact right track with your thinking - have you put all this side by side in excel (very basic excel "modeled out")>?
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24 October 2024 | 6 replies
My credit score is 700+ so I don't understand.