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26 September 2024 | 5 replies
Any advice for someone looking to get into real estate with zero credit?
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1 October 2024 | 12 replies
This may be a soft pull on your credit, but it's worth it (in my opinion) to determine that question.
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27 September 2024 | 13 replies
@Blake DialsDefinitely set up a separate bank account with a debit card and a credit card.
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30 September 2024 | 7 replies
The credit score is around 720, and the property is owner-occupied, which might simplify the process.
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30 September 2024 | 9 replies
I haven’t seen much decrease in my credit.
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4 October 2024 | 8 replies
Are you trying to build up credit for the LLC so it can borrow directly without your DTI and use only the LLCs?
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2 October 2024 | 6 replies
Local laws may also include protections based on other factors such as source of income or eviction history.Disclosure Requirements: If you are using third-party screening services like SmartMove or another credit reporting agency, you must provide the applicant with an "adverse action" notice if you deny them based on the results.
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3 October 2024 | 11 replies
Here are a few points to consider:Equity Access: If you have significant equity, you can tap into it through a cash-out refinance or a HELOC (Home Equity Line of Credit).
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2 October 2024 | 17 replies
., tours, etc) however, many applicants had evictions and poor credit history (low credit score doesn't bother me, but when you have 7-10 credit card and personal loans in default, it's a serious red flag.)
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2 October 2024 | 38 replies
That also happened while we were in the middle of a deep recession and credit crunch, unlike today.