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28 June 2024 | 5 replies
So, we obtaina full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc.to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.
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2 July 2024 | 18 replies
The schools ignore personal finance and business and hence people enter the world totally clueless as to basic concepts of business and finance. 25 years ago when I was financing small investors I made a loan to the purchaser of a small 12 unit apt complex.
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1 July 2024 | 2 replies
Milwaukee is block by block and most OOS investors (and relocation clients) are surprised by the range of choices.
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1 July 2024 | 12 replies
One BP community member I got lunch with yesterday told me successful flippers avoid minor cosmetic repairs such as paint, trim, floors, etc. due to a glut of investors all trying to do the same.
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2 July 2024 | 5 replies
Hi everyone, I am a newer investor with 4 STR/MTR units and looking to scale.Has anyone operated STR/MTR units in a small commercial building?
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1 July 2024 | 2 replies
I am looking to purchasing a property with investors and trying to figure out how to structure it so that the corporation can receive the tax benefits of managing the property.
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1 July 2024 | 5 replies
Hi everyone, We are a group of real estate investors that invest in rental properties overseas.
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1 July 2024 | 12 replies
You may be even selling some of these smaller assets and roll the equity into the bigger dealsThese small deals can make an investor incredibly wealthy, especially if the equity is owned by a few investors.
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1 July 2024 | 18 replies
They have some interest only investor programs that can also enhance returns.
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1 July 2024 | 3 replies
I am a brand new investor like very new and i am looking to do my first flip.