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24 August 2017 | 3 replies
DOES ANYONE NOW ANY PRIVATE LENDERS THAT WILL GIVE YOU A LINE OF CREDIT WITH A 602 CREDIT SCORE.TANYETTE WIGGISON
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23 August 2017 | 3 replies
So now I'm calling all the QuickenLoans and Loan Depot's of country and no one will touch it because: A) Its not my primary residence B) I haven't owned it for a year C) The private lender isn't reporting the monthly payments to a credit bureau so I don't have a verifiable proof of payment D) Been doing AirBnB, so no lease (if I wanted to get 2nd home or rental property financing)Solutions I'm aware of: 1) Most loan officers have suggested I call a local credit union, which I have done> The credit unions are concerned because it's not my primary and I don't have lease in place with proof of payments via bank statements.
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23 August 2017 | 4 replies
We also have a 4.5% interest rate and a credit score of about 750.
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29 August 2017 | 6 replies
This is something that I have grown increasingly aware of and believe in; that there will always be unknowns for your first deal, there will always be reasons why you "shouldn't yet", and I just feel as though I've almost gotten myself to a tipping point of just pulling the trigger (obviously once I've run the numbers and believe I've found a good deal).
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24 August 2017 | 7 replies
We are looking for advice on other things we can do to promote the house or maybe some tips for this upcoming open house?
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24 August 2017 | 1 reply
I am having a challenge finding a small bank or credit union to pull cash out of SFR investment properties which I own free & clear.
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23 August 2017 | 3 replies
So all of a sudden you have a decline in collected rents, your cash-flow sails out the window, you're paying 18% on credit card debt, and with lower equity you literally can't afford to sell the property because you can't afford the debt payoff and the realtor commission, closing costs, etc.
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23 August 2017 | 1 reply
Any tips would be awesome!
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2 July 2019 | 9 replies
Hello my name is Sage, I'm new to real estate and I recently learned about the Option to Purchase Real Estate Contract/Agreement and I could definitely use some tips I've been digging and digging at this topic because I don't want to pay for the webinars that teach me how to do it.