Whitney T Redfield
Line Of Credit – Good or Bad?
Hello BP,I have a question for you all, and a scenario that has been presented to me.Is a line of credit (LOC) good for someone with great credit but no capital to invest? Obviously partnering is the best option, and...
Fredie Robinson
Applicant recently divorced with bad credit
Hello all,I finally finished the rehab on my first deal and put it up for rent yesterday. My question is I have a lady that is recently divorced and has bad credit that wants to rent my house. She has a steady job (wo...
Romaldo Cruz
Good and bad credit potential tenants
I am screening tenants for my rental and have a couple who are goin to be roommates, one with good and the other with bad credit. Should I average their credit? Disqualify them both? Still charge double security depos...
Brent Tarnow
1 high credit, qualified tenant; 1 bad credit, unqualified tenant
New landlord in Oakland, CA looking for some advice. We are trying to rent a unit and we have interest from a couple in which the woman has a 790 credit score, makes good money and by all accounts would be an ideal te...
Alicia Ro
Married tenants 1 bad credit, 1 good credit, 1 income
Evaluating potential tenants who were upfront with us about their situation. One is the breadwinner but has terrible credit due to poor entrepreneurship decisions when younger, the other is a stay at home parent with ...
David Russell
I have bad credit my business partner has good credit
I have bad credit and my partner has good credit we formed a LLC together and is planning to start doing the BRRR strategy and eventually get a business line of credit ..how can we get loans and business credit lines ...
Junior Silva
New LLC, business line of credit with bad personal credit?
Is it possible to receive a business line of credit using just your EIN with a new LLC? If so, what steps would one need to take to achieve this?
Brilliant Clayton
Bad Credit, High Income & Good Credit Low Income Joint Venture???
Another Newbie QuestionIs it possible for a person that has bad credit with high income and an individual that has good credit with low income to enter into a joint venture to obtain loans for investing? How would tha...
Jon Mark
Refinancing HML to conventional with bad credit
Hello all,
I have found a deal that I need a hard money loan for since I cannot put 20 percent down on the property, it’s 4 units all on conjoining properties, it will be around 430k to get the deal to work.
However...
Jaclyn Musselman
Need recommendation for bad credit mortgages lenders
Indianapolis Area: Need advice on finding a lender that works with people with bad credit in 540 area. I've read that we should still be able to get a mortgage through fha. We have 11 years perfect payments in rent t...