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I just got a multi-unit and it just so happens that it requires a bit more cash, such as plumbing, electrical etc,. I have two other buildings, and I have a high amount of credit card debt (over 50k) due to the unfore...
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Hi - I bought my first property for a STR! Now I have to furnish the property as well as make some improvements to the property by hiring contractors. If I have not set up my LLC yet, is it wise to create an LLC and g...
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Hi BP,
We have finally been able to set back some money for a small down payment. We are currently renting a home and want to buy our first investment property.
I have been listening to several BP podc...
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Hello, everyone. I have a question to those of you who have rental properties. I'm looking into buying a duplex as a start. However, how does having so much "debt" (loans) effect your credit score? I'm worried about i...
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So what happens when you go to cash out refinance and you have used your HELOC and personal loans to buy the property and rehab while keeping your liquid cash on hand. The bank runs your credit for the cash out refina...
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Hi all. I have been doing some research into MF properties and have had some extremely informative conversations with some lenders and agents (Thank you Rick, Jonathan, and Jake). I’m interested in learning more about...
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Hi All,
I still can't seem to get a clear answer on exactly how loan forbearance will impact credit reports (not scores). I understand it will not impact my score, however, banks will see that I am in forbearance (wh...
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If you could share some of your stories of being young and needing credit or just facts that would be helpful.
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I have decent credit but avg age of credit accounts is not the best. I have purchased two new houses last year and refinanced two. I have a few really old credit cards that I closed a long time ago (stupid I know) I h...
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Hello BiggerPockets Community!I am about to start the process of shopping for conventional loan rates and getting pre-approved, but am concerned if I shop too much within a short time period it will adversely affect m...