John Jacobus
Shopping for Loans While Avoiding Impact to Personal Credit Score
I'm looking for best practices to employ while shopping for mortgage loans for investment properties (small multi-family and SFR). My standard approach is to pursue 3-4 lenders when applying for a mortgage. I typica...
Nicholas Rado
In Depth Look At My Financial/ Credit Building Plan and Questions
Hello everyone, I am looking to get into REI and am taking a hard look at my financial and credit situation to set real goals that will help me purchase my first property. Although I haven't been analyzing my finance...
Jennifer Cornforth
How long do I need to wait between loan applications?
Hi there,I'm new to this forum. My husband and I just bought and started renting out our second property (besides our home) and I'd like to buy one more property this year. But the thing is that although we own all ou...
Jordan Thompson
Ever had any hiccups from credit inquires? my HELOC was denied..
Hi everyone! I am (have been) gearing up for my first deal for about 4 months now and after I refinanced the primary mortgage, I got my pre-approval letter from the same lender and went to open a heloc with a credit ...
Donald Nnamdi
Getting financing for my first property
Hello All,I am trying to get financing to buy a 4 unit in the Dallas Fort Worth area using FHA. How do I avoid taking a hit on my credit score when trying to shop around for the best rate I can get. I was told that mu...
Burt L.
DSCR Loan @ 703 Score-Will I Go below 700 During the Very Process
To get a better rate on a DSCR loan, a borrower is supposed to have at least a 700 Credit Rating. My mid-score is a 703 which puts me on the edge and in the higher rate environment anyone would like to at least minimi...
Kevin Rodriguez
Will this affect my credit??
Hey BP Fam!
My name is Gerson, my brother and I are both going in on the membership so that is why it says "Kevin" on the profile. I just got over analysis paralysis and am taking action to acquire my first investmen...
Jose Gonzalez
Can you check qualification of loan without lowering score?
Hello BP,I have been working on my credit for a while now and finally got a good score. I want to see where I stand when talking about qualifying for a loan. I inquired at a local bank and also quicken loans and they ...
Sonam Jessica
Credit scaore hurt ?
Hi all Hope you all doing good. I have one question please if you know let me know because I am looking for loan and can’t decided whether stick with one lender or try multi lender. How many times can I have my credit...
Ed O.
Overcoming flaws in credit scoring
We're hoping to get some bank financing in the next 2-6 months. I'm trying to crank up our scores as much as possible and am wondering if anyone has any tricks for overcoming the piece of junk scoring models used by t...