Jasmine Benford
Shopping Around for A Lender - Any BEST ways to do this?
Hello there!So here I am, newbie, going on my third month of BP, eager to get out and invest. After trying to connect with a lender, I hit a snag. No response after several emails and phone calls were exchanged. Not s...
Mohamed Mahmoud
Should I worry about a hard pull on my credit?
Would it make a difference if I approached several lenders for preapproval?How much would my credit score be affected?
Adam Heseltine
Improving Credit Score -
I have started doing some research into this and am curious if anyone has had success in removing hard inquiries from their credit score? Is this something I should so myself / use a service to do it (how much is tha...
Samantha Ward
How can buying out your car lease affect your options for getting a mortgage?
Hello everyone!I am looking to purchase my first rental property but I also have my vehicle lease ending in 2 months. I am wanting to buy out my car lease but am wondering how this will affect getting a mortgage. I kn...
Mark Beekman
Will Credit Limit Increase Hurt My FICO?
I know that opening a new line of credit will hurt my FICO in the short-run, but will raising my credit limit on an existing credit card have the same effect? Would it count as "new credit"?
Muhammad Ahmad
I got pre-approval three times and it hurt my credit score
Hey Guys!I got pre-approval in December but could not close the deal and now I applied for another pre-approval last week for new construction that I found but it will probably close by august or September. That means...
Vu Nguyen
Ways to obtain capital in the name of LLC for new business.
My wife and I are in our first year of investing and started purchasing property in AL in June 2020 and now have 5 single family homes and are mostly utilizing the BRRRR strategy to hold our properties as rentals. We...
Joshua Russell
BRRRR and credit scores?
Just a quick question, obviously a part of the BRRRR is "refinance," so if an investor uses this strategy often does the constant refinancing hurt your credit score? I mean sure paying the refi loan off on the sale wo...
Nick Sansivero
Credit Inquiries. Do they really lower credit scores?
I'm currently in the process of getting pre-approval for my first mortgage (thinking about an FHA 203k for a triplex owner-occupy), and I have a question about credit inquiries. If I want to shop around with 5-10 di...
Daniele Rosman
How many loan applications should I submit?
I'm new to real estate investment and have spoken to a few lenders. I had thought that I should send applications to quite a few to get the best rates/offers, but one lender told me I should just pick 1 or 2 and apply...