I found my first tenant and everything seemed fine. I went over the requirements with her. Gross income three times rent, Credit score greater than 600, etc... All is good she says. During the showing she mentioned he...
Hey Everyone, I’m new to real estate investing and I’m looking to buy my first investment property in PA . Preferably a multi family for house hacking. I’m 22 and I have 25k-30k saved up and I have a credit score of 7...
i have a fico score between 650 - 700 and roughly 5k to invest. I tried to build my credit through securing a personal loan but was denied because i have little to no credit history. I am ready to step out of my analy...
Hey Guys, I'm Abner. I just have a quick question. Is it possible to obtain an FHA loan with only 18 months of work history? I have done my research and seen that I can use my College Education (school history) to mak...
Being a college student how do i go about purchaseing a starter or low cost property? Also how would i go about purchasing the products to renovate the house for resell at a good price?
Im new to bp and the realestate game. I have two questions.1: when looking at fully rented multifamily units is it common practice to ask the owner for the existing tenants payment history? 2: when listing a property ...
Hi, I'm screening tenants for a single family home and the husband has no credit history but makes the bulk of the income. The wife has excellent credit (high 700s) and the adult son (also a contributing income earner...
By now, any regular user of our forum knows that we detest the use of ALL CAPS, as it is considered rude, shouting, etc.
In case you think that BiggerPockets is the only place that is anal about posting decorum, here...
I was wondering if anyone treats deposits or income requirements different for applicants that aren't families?Thanks.
I wanted to ask this question to @DavidGreene on a webinar he hosted today but the chat feature was disabled. My bank says that I need 2 years of work history to qualify for a real estate mortgage so I have to wait an...