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25 March 2018 | 0 replies
We have money saved up and great credit to leverage it and from researching on BP, multifamily and commercial may be our best option.
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25 March 2018 | 3 replies
The LLC is still new and has none of its own credit, so the property and mortgage will probably go in my name and be based on my credit score and debt/income ratio (all of which are fine).
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4 April 2018 | 55 replies
If I only wanted tenants with perfect credit, I'd never find anyone in this neighborhood.
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25 March 2018 | 3 replies
Should be no more than 28%.Second ratio - Total monthly debts. living expenses plus monthly debts like student loans, credit card payments, car payments, alimony, etc.
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10 April 2018 | 39 replies
I think one of the important considerations is to assess if the tenant is being purposely fraudulent.
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26 March 2018 | 7 replies
I have excellent credit, make about 75k/year with no OT, no other debt than my truck payment, and I have about 50k to put down.
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1 April 2018 | 4 replies
My credit is good/very good and I will have 50k to fund my first deal.
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26 March 2018 | 3 replies
You’ll get the judgement and while you may never see a penny, trying to find a place with a judgement or getting credit just got a lot harder and more expensive for them.
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28 March 2018 | 8 replies
I have my property listed on websites and have received applications (with background/credit checks), along with many requests to view the property.