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7 April 2020 | 14 replies
You are basically taking out a loan for personal use, just as you would spend money out of the credit card to buy a food.
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14 August 2018 | 8 replies
Fortunately, I have excellent credit, but I’ve been an independent contractor for the past 6 years, so I worry about qualifying for a mortgage.
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14 August 2018 | 8 replies
You can’t even offer rent credits or require the tenant buyer to do maintenance on their property anymore
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13 August 2018 | 4 replies
He's telling you to wait a week because you're going to go look at cars in person, or put your contact info on some website, to "think about it" a week earlier than whatever he tells you (this is 100% true, and as a lender I will not believe you if you tell me otherwise... sorry :P ), and the second you walk onto that car lot a bunch of car salesmen are going to descend upon you, deploying various lines of BS as a pretext to run your credit ("it's a soft pull" or "we just need your SSN to verify you aren't a terrorist, we aren't going to run your credit") and close you on a car that very day, and there is greater than a 0% chance you will believe what they tell you and screw everything up.The rule is that whatever you tell homebuyers not to do, some non-trivial percentage of them are going to push it one notch farther than you tell them.
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6 September 2018 | 7 replies
Then you can pursue in small claims court or put a deficiency on their credit report
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22 October 2019 | 2 replies
If you have a tax company and real estate that is paid off, you should have no problems getting an unsecured line of credit.
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16 August 2018 | 3 replies
Also, is it the first person who submits an application and passes the background/credit check who I move forward with as the tenant to fill the unit?
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15 August 2018 | 11 replies
Your final considerations are Credit Cards or a HELOC but do their benefits carefully and pay them off in time.
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10 November 2018 | 5 replies
Examples: A guy with hotels who used business /personal credit cards for free flights, a guy doing private investing/hard money lending, and last month was a guy who told the story of a 12+ property deal spanning 2 states and 1 primary residence of the seller.
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16 August 2018 | 18 replies
(Avoid big banks, try local banks, credit unions, or mortgage brokers.)