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Hello, I am learning about real estate and I think my first step into the world of real estate and was thinking about getting a traditional FHA loan and then heard on the podcast about something called a 203k loan. I ...
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Hi BP Family,I have this situation and I wanted to know your thoughts... In November, my tenant sent me an e-mail saying that they were moving out on Dec 2, 2018 because they are buying a house. They said they were pl...
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Hello BP community,Is it possible to obtain conventional financing from banks without a credit score? I heard of manual underwriting, but from my research, you have to jump through hoops and most banks don't offer it...
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For the second time in a row, I have had a potential tenant ask me whether my screening process involves a hard credit inquiry rather than a soft one. Last time, I checked with my screening service, which gives me a s...
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I am interested to know why more investors don't open CC's that have 0% interest for 12/18 months for rehab work on their investment properties. After listening to the first 335 episodes of the BP OG podcast, I have h...
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Hi Everyone! I have a dilemma with a tenant. I am not signing a new lease with her. Nothing was done because she’s a horrible tenant, it’s just a personal issue that requires me possessing the property. I have giv...
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Hello, I'm developing a business plan for my REI and I'm wondering what credit score do most people use to determine potential tenants? 780,740,720, 550???? Is the score or the record what concerns landlors most?I pla...
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HELP!! So I have a tenant who let someone stay with him, but did not tell me about the person staying beyond the terms of the lease - 2 weeks. It turns out that person is ready to play the system and when I went to ...