Hello BP members, I have a prospect who has applied for rent for one of my SFR rental but during my processing of the applicant. I found the new job the prospect was hired for (Provided me with a job letter stating th...

I am listing my first rental house and I was asked for tenant criteria from our realtor. I wanted to ask for suggestions on valuable tenant criteria that I should consider including?

My lowest FICO has sunk to 612 due to my first rehab and subsequent use of the HELOC($50k) to do the renovations. As I'm trying to REFI, I've been told my experian FICO is 620. My heloc balance is down to 46k. All ...

Could someone help me understand how lenders decide terms for financing a partnership?

In my case, I'm on the verge of creating a partnership. My prospective partner and I both have strong credit scores, and we both ...

hello, I would like to know if I wanted to open a new LLC or even amend my current one to add multiple members and purchase rental property, would one member have to qualify for the loan or all? If all, does this incr...

You may have had a great credit score when you first purchased your home, after years of mortgage payments, credit cards, car payments, and consumer loans may have banged up your credit a bit. Late or missed payments ...

hello everybody
my short long story,
been trying to start the real estate business but every time something happened, when I saved good money to start I got new job offer on west Palm Beach I moved there before Chr...

Hey all.  I am interested in purchasing a duplex in NJ to live in and rent out the other unit.  My mortgage broker says that if I want to do a conventional loan, I have to put 20% down.  However, when I look on Fannie...

Hello All, I'm in Texas and I'm looking to pull some equity out of a rental property.  What type of loan should I be looking at?Home value $285k, rents for $3,000/mo.  No mortgage on the property.  Looking for $175k- ...

Hello BP,
So i have primary residence now on rental with cash flow of 450/month. have equity of 95k.
I want to fix and flip/ sell  and have 20k cash on hand what's best way i can do this regard to financing / purcha...