Jeff T.
Property Manager refuses to pull FICO Credit Scores?
I asked my PM to provide actual credit scores instead of just the credit history. I have a hard time deciphering various delinquent accounts etc.. and just want a Credit Score to evaluate a tenant.The PM reply is bel...
Marjorie Patton
RE Investor DTI ruining ability to get/use credit
I'm super curious if anyone else has encountered this issue...We are RE investors in Denver - we've got 3 investment properties (or 5 doors). We have >$2m in debt spread across the investment properties and our pri...
Daniel Leonardis
Taking Equity From a Rental
I have a rental with significant amount of equity. I want to use that equity as a home equity line of credit (HELOC) to fund my next investment. However I visited my local credit union and they rejected me saying you ...
Eric Simich
Tenant In Common (TIC) Investing
I have come across the topic Tenant In Common (TIC), many times, while researching REITs. How does one become a TIC investor?How does one find a TIC?What are the added benefits/disadvantages of becoming a TIC investor...
Sandeep Majumder
Second FHA appraisal after original contract fell through?
Hi everyone, I have a situation I need some insight on as I have not had this happen before. I am selling a house in Houston (fix and flip), and the original buyers' FHA financing fell through - we went under contract...
Evan Gater
Does suggestion of bankruptcy always stop a foreclosure sale?
Hello,
I very often see "Suggestion of Bankruptcies" in foreclosure case dockets. While some are in good faith, it seems that some are intended to delay the sale as much as possible. Sometimes, there are multiple sug...
Jay Batista
How to not fall in love?
Hi BP!
After many years of prepping and listening to Biggerpockets since Josh Dorkin was the host and Brandon was the funny co-host. Now, my wife and I financially ready to make offers! I was thinking this was great!...
Alex Smith
Legal Non-Conforming MultiUnit - Financing Challenges
Hi all,I've been a lurker on the forums for some time - I finally made the plunge and made an offer and I am under contract on a triplex in a coastal city in Florida! This is a very unique property, and I have some c...
Omari Morgan
What condition does a property need to be on to pull cash out.
I've bought a hand full of properties outright and owned them for a few years. I'm looking to pull cash out and leverage these properties. Hopefully someone can understand this question. The are in decent conditio...
Alex Castillo
Landlord property insurance a must?
I live in a non-flood likely area in south Texas with very little inclement weather. How necessary is landlord rental property insurance? Is there something specific I should be looking for in regards to coverage?