Rafael Ro
What are some realistic tenancy terms and maintenance costs (turnkey)?
19 December 2024 | 5 replies
Take a look at this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% This is how likely a borrower is likely to default on credit extended to them.
Gregory Beaty
FreedomSoft Scam!
27 December 2024 | 22 replies
So well within the 30 day trial period.However, they continue to bill my credit card for the service in spite of the confirmed cancellation.Has anyone else had any issues like this with them?
Sam Brock
Best Way to Pull Money From These Properties
26 December 2024 | 2 replies
Your credit, investment history and bank statements will likely be evaluated and you'll need to personally guarantee the loan, but you can close under your LLC.
Rafael Valdor
Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
Don Konipol
COMMERCIAL Mortgage Broker Licensing Requirements by State
28 December 2024 | 16 replies
This kind of govt nosiness and overreach is why I initially decided against the financial planning industry before starting in credit. you can thank 2008 and all the fraud that went on for that.
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
Have about 50k I would invest (access to more), with excellent credit and good income too, from my full time job.
William Arias
New to Wholesale Real Estate Seeking Mentorship And Advice
24 December 2024 | 6 replies
If you're expecting property owners to sell their home to you at a discount, you'll need to earn their trust - whether that be by demonstrating a successful track record with purchasing/selling similar deals OR by meeting them face to face and separating yourself from the dozens of local investors and realtors.Lastly, I'd recommend searching past posts related to this topic as well as checking out books related to your target investment strategies.All the best!
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
There's ways to kind of build this up, this is a well thought out plan but it's just that-- a plan.You'll face obstacles, the stress of this will get to you, how do you keep yourself on track?
Jack Gardner
2 Bedroom / 1 Bath Rent Prices in Northeast Minneapolis
15 December 2024 | 5 replies
@Bryon Andrews was spot on in his advice too - do some Zillow and FB Marketplace surfing every few weeks to see what rents in the blocks near your property have been renting for recently, and track how those fluctuate over time for a few months.
Jacob Thorpe
Pulling out equity, HELOC, other stuff
16 December 2024 | 11 replies
What I am looking to do is refinance, or pull out equity so I can get back on track with my lender and continue searching for a buyer.