Ashley Larkin
HELOC Question for my LTR Under a Business Name
9 January 2025 | 2 replies
High credit scores and low DTI are often required…and these take much longer than I first thought…Navy might take 45 days to get through the gauntlet.
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
26 January 2025 | 51 replies
They have been incredibly transparent but they are currently deciding on a capital call or selling the property at a major loss (70-80%).
Sebastian Nadal
Looking to House Hack in Chicago for the first time
8 January 2025 | 6 replies
Zillow has an easy application for them to fill out. it come back with a credit score and background info.
ZZ Song
Any experience with Prime Corporate Services?
20 January 2025 | 31 replies
I'm trying to decide if it's worth it to help me build a credit profile/score for my company which will be independent of my personal credit.
Fredrick C. Oesterle
accepting multiple applications
9 January 2025 | 4 replies
., income, credit score, rental history) to evaluate applications in the order they are received.Notify Applicants: Let each applicant know you will process applications sequentially and explain your timeline for review.Act Promptly: If the first applicant meets your criteria, move forward with their application and provide them with a clear deadline to sign the lease and pay the deposit.Move to the Next: Only if the first applicant does not meet the criteria or declines the lease should you proceed to the next application.By focusing on one application at a time, you simplify the process, maintain transparency, and mitigate any potential fair housing concerns.Lastly, since housing laws can vary by location, double-check Arizona’s landlord-tenant regulations to ensure compliance with any local rules about how applications are handled.Best of luck with your rental process!
Fara Heath
Best way to finance this deal?
10 January 2025 | 1 reply
Most of the lenders I work with (provided you have experience and a credit score over 660) would do up to 85% of the purchase price and up to 100% of the rehab costs, provided this doesn't exceed 75% of the ARV.As for the idea of selling the land, great idea.
Michael Klinger
Ideas on $25K loan for multi-family working captial?
6 January 2025 | 11 replies
Then I spoke to a company that does business lines of credit, based on personal FICO scores.
Ana Maria
Anyone ever bought an investment property through SDIRA Wealth?
27 January 2025 | 35 replies
Their process and educational resources have been incredibly helpful, and I wouldn’t hesitate to recommend them.
Jack Pasmore
The Importance of Underwriting. Is Automation Effective?
31 January 2025 | 9 replies
Interest rates and cap rates change, competition changes, your PM ends up being horrible, lots of variables.Just to throw you a monkey wrench, in your killer spreadsheet does it include the credit score, income, and employer of every resident?
Tobi Isaacs
Who can beat this HELOC?
9 January 2025 | 5 replies
Great credit score 793 and the local bank (who I thought would give me the best rate) came back at WSJ (7.50) plus 1.65.