Hadar Orkibi
Applying for Credit Card?? STOP And Read This
Hi BP friends,
On Friday I had a good lesson I want to share with you when it comes to FICO score.
I’m about to close on a deal in the next 30-60 days and lock rates on Monday prior to the Fed increase on Tuesday.
...
Abram Ylitalo
The Underdog's Story - I BEGAN investing in '08
Hello all,
This will be my first post to these forums. I'll try to make it as brief, concise, and full of information as possible.
I was in the military from 06-10. I spent three of those years deployed and the...
Tausen Richmond
The above average worker can't even qualify
In my area the cheapest you can get a home is about 200k. If your lucky you score a 20$/hr job (min is 12$), and get 40k per year, and are still unable to qualify. This is a reality for most people around me, they ren...
Gloria C.
Affordable Loans any more?
Maybe I'm just out of touch with the current market, but I'm looking at a $245K property, putting down $61,000 (25%), have an above 800 credit score and my closing costs are $14,700+/-! AND had to pay 3 pts to get a ...
Jacob Chaney
Rapid Rescore: Who pays?
Working on a cash out refinance for two investment properties in DC. Credit agencies aren't reporting correct revolving credit line balances/utilization and lender is suggesting rapid rescore to increase fico. There's...
Justin Li
Tips on how to preserve credit rate when buying multiple properties
Hi everyone,I am up to property #5 and my credit score keeps getting beat up. Any thoughts on how to preserve credit score while buying multiple properties, or is this just a necessary evil that you have to accept?I w...
Rick Santasiere
Rooming house with crazy cash flow ??
Happy Thanksgiving all!I am a CT investor, and have been having a difficult time locating a property that meets a lot of the criteria we all tend to use for multi family properties. I found an interesting one that is...
Marcus Johnson
Tenant subleasing or not
I have a duplex in South Minneapolis and unit #1 has two tenants who signed a year lease. They have always paid on time, but recently a tenant who just move in just over a month ago wrote to me that she would like to...
Rijm D.
Local Bank HELOC at 3.99% 10y. Better offers?
I am interested to move forward with a HELOC offer from my local Bank here. They offer at 5.25% interest rate, up to 80% to 90% financed for 10 years, 120 months. During their introductory time to the end of October 2...
Patrick Hall
Analyzing / Estimating Utility Costs
Ok.....basic question - how do you analyze utes for rentals? Garbage, water/sewer, heat for boilers (multi family), etc? Are SFR's different that duplexes, multifamily. Thanks in advance for any help.Patrick