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Results (2330)
Aisha M. Lender question and concern 203k loan
29 June 2020 | 5 replies

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...

Antonio Marte Protecting your credit from numerous soft hits? Advice?
24 March 2015 | 5 replies

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...

Bob H. How to screen tenants without a hard credit inquiry
18 September 2017 | 21 replies

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...

Haley Powell What to expect when talking to a lender or mortgage broker
17 February 2020 | 8 replies

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...

Ciro Cuellar Personal line of credit options
17 May 2023 | 4 replies

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...

Marcel B. FICO Score: Best way to increase it.
5 January 2022 | 20 replies

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...

Kuriakos Mellos Stricter credit score req when you go into 7th mortgage? question
24 March 2021 | 1 reply

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 ...

Rosh Varughese Mortgage and HELOC applications impact on credit score
11 April 2017 | 2 replies

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...

James Cloman Credit Score Dropped 85 points
9 November 2015 | 12 replies

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...

Michael Mackney Should I be concerned with hard credit checks after first deal?
8 May 2022 | 6 replies

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...