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8 January 2025 | 11 replies
Typically Conventional will end 42% of DTI and FHA can get up to 51% DTI (and based on your credit score I think you should stretch to that 51%) Just a few things to start thinking about as you are working through the process.
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4 January 2025 | 12 replies
So far mostly people are telling me I'm probably stuck until their lease is over. meanwhile I also need to pay down my debt and improve credit score.
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23 January 2025 | 30 replies
I understand credit enhancements and additional guarantors are sometimes required but to be unable to cover escrow funds and to give away deal ownership for that service is kind of crazy but back to the main point, the real issue is when the Co-GP is not truthful about their true role or embellishes their portfolio/ unit count.
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30 December 2024 | 2 replies
You can also send payments to credit card whenever you have spare money.
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3 January 2025 | 18 replies
Why set a 600 credit score if it's negotiable?
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4 January 2025 | 11 replies
So act quickly, do as the others are saying and screen him according to your standard criteria. credit, references, eviction history, etc.
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19 February 2025 | 88 replies
Knowing cap-x projected out years is not an "extra credit" kind of information, it's fundamental necessity.
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14 January 2025 | 37 replies
I credit you as an expert marketer and believe that when you post returns and create these graphics at least sometimes people reach out to you for information on how to participate.
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19 January 2025 | 61 replies
I predict that the guys who are fully leveraged and cash flowing $100 per month will be motivated sellers when the next big correction happens.actually its either them or they walk and its their lenders selling that is what happened in that time period.. and was pronounced in certain markets.for me personally I don't want to risk my credit and finances and borrow 75k to make 1200 a year... or even 2400 a year if its a market that has a history of no appreciation and I don't feel there is going to be any significant appreciation.. 2 to 3% a year does not cut it.but I will take 500 a month negative or 10k a month negative if I think there are huge gains at the other end..
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23 January 2025 | 165 replies
Those frauds just buy 'carbon credits' so they can feel better about themselves, they don't really care or they would alter their lifestyles instead of pounding the rest of us with the guilt, Lol....And if we look at the temps for the last millenium instead of the last century, they can show that although we are in a temporary upswing, we're really on a slide into a colder era.