
29 February 2024 | 8 replies
This could be through finding ways to increase the rent on your existing properties, taking on additional work, or finding other income streams.Reducing your current debt levels can also improve your DTI ratio.Improve Your Credit Score.Look into various financial institutions, including community banks, credit unions, and online lenders, which may have different criteria or offer programs for investors.Since portfolio lenders retain their loans in their own portfolios rather than selling them on the secondary market, they are able to provide greater flexibility.

29 February 2024 | 14 replies
Then, since you are taking over the seller’s loan, you have no loan origination fees and don’t have to use your credit.

2 March 2024 | 25 replies
House #1 is rented out - tenant met all the requirements (income 3x the rent, over 600+ credit score, no evictions) when the PM screened rental applicants.

29 February 2024 | 17 replies
If I get the cancelled dates rebooked, then I refund half and offer a standing credit of the other half for whenever they book in the future!

29 February 2024 | 9 replies
. # things to look at when applying for a mortgage are credit, assets and income.

29 February 2024 | 6 replies
Of course, to the point of long term holds, the purchase price becomes less of a factor.

29 February 2024 | 8 replies
Being self-employed can make securing commercial loans more complex as lenders typically prefer borrowers with stable income and strong credit history.

29 February 2024 | 8 replies
For screening, you'll want to check things like credit history and rental history.

29 February 2024 | 18 replies
A few weeks after paying the $25k, we set up our first meeting with our assigned CPA and started the so-called “advanced tax courses” provided, which are generic modules that only vaguely introduce financial concepts, topics, and terminology.