Hello BP fam,
I have a couple questions as I’m actively working on purchasing my first investment.
I asked about a FHA 203 k loan pre-approval and he just gave me the run around about how I’ll pay more with that l...
Just came back from DFW looking for good deals on buy and holds SFR. We had no luck and will continue to look for solid deals but are now considering other markets. Every lender and insurance company wants to run your...
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...
I am one of the many who are looking to get a househack going in Dallas when I move there in May, and a natural part of that is lenders. An agent has (very helpfully) sent me a list of lenders/brokers (are those the s...
Hi, I am a RP starter in TX who is looking to secure a line of credit for their second rental property. I have bought the barren land already and am looking for around a $50,000 personal line of credit to use on the t...
Hello,I plan on buying my first multifamily this summer with an FHA loan. My lender said that I need a min. 650 FICO score and that they "take the middle score". My scores are as follows:Experian FICO Score 2: 586Expe...
Hi everyone,I am preparing to scale up and try and secure one or two more investment properties this year. My current lender, which has been awesome to work with, told me that credit scores need to be above 720 from ...
I am a new investor. I wanted to know if applying for multiple investment mortgages affect credit score. I see that some people are buying multiple houses per month and so does this affect their credit score. Same wit...
Just finished my Second property using the BRRRR Strategy under my personal name. However ran into a issue with my credit which cost me some cash. It dropped about 85 points within 2 months. I leveraged accounts I had...
Hey guys! I closed on my first investment property last month and then my first primary residence 2 days after, big week haha. With those 2 properties, I had quite a good amount of credit checks. I now have the itch f...