Hi, I am new to the concept of holding notes as I am contemplating offering my property with seller finance. I have a property I would like to sell for 30k. If I were to receive money down of say 10k (probably less) ...
I made a bad investment on a cheap warehouse in Detroit for my landscaping business. I paid for in cash for 20k 4 years ago. It's in a very bad area and it got broken into a couple of times. Not feeling safe I moved ...
Do hard money lender care about your credit score?
Hey ladies and Gents, I've just paid off a car loan that had a 6 year term. The only thing is I paid it off 4 years early and apparently my credit score dropped from 715 to 712 on Credit Karma. I found out paying it o...
Hello all, Can fellow landlords give us examples of minimum credit scores they accept for their properties, and the rent of those properties? Thanks! (Ex. Minimum 600 score for a $1k/month SFR...etc.)
I'm listed as an authorized user on a few of my parents' credit cards. My plan is to buy my first investment property in about 18 months and i'm trying to get my credit score as high as possible during this time. Thei...
Hello All! No one seems to be able to answer this questions. Let’s say you have a minimum credit score of 600 to rent a home. A couple or two friends decide to apply. In this situation, one has over the 600 credit sco...
I'm looking to do a cash out refi on a four plex. I bought under an illegal contract for deed subject to the existing financing. I put $5000 down and put $122k into the property so far. I've converted all the units fr...
Hey BP!,Since graduating I found myself anxious to get into real estate asap! I keep reading all these success stores and I feel I am ready but the only thing holding me back is thinking should I get out of debt first...
Hey Everyone,My partner and I are working on our tenant screening guidelines for the property management portion of our business, renting properties in generally C+ and above neighborhoods. Some things we have include...