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12 January 2025 | 5 replies
If you are looking at FHA because of credit score, then I would work on credit scores to qualify for conventional financing or see if you can get a very strong coborrower with high scores.
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10 February 2025 | 10 replies
Besides the obvious credit, background, and income verification.
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27 January 2025 | 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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23 January 2025 | 7 replies
@David Naphy With a strong credit score you can do better than 8% on a DSCR based cash out refi today.
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27 January 2025 | 7 replies
@Jeffrey Bourque Are you planning to finance this with a local bank or credit union?
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29 January 2025 | 25 replies
And they’ve cost me alone well over $30k in damages and lost rent thanks to their complete negligence.
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8 February 2025 | 10 replies
It is debt you are obligating yourself to and lenders and the federal government think of it that way.Missing a payment doesn't mess up your credit, but it does mess up your day when you get sued or prosecuted.
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16 January 2025 | 1 reply
THANKS Your local credit union might be your best bet.
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14 January 2025 | 11 replies
Quote from @Daron Williams: I just invested in a tax deed here in texas it was a beautiful lot right on lake sam rayburn. i have it on the market for sale the only problem is you have to have two lots to build on.. i found the person that owns the lot to the right of me and there willing to possibly sale there lot the only problem is i dont have the money or the credit to purchase it.
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16 January 2025 | 5 replies
Other than paying for an appraisal or BPO (and maybe a credit report), you should not pay a lender anything until your loan funds.