Herman Maston
Collecting rent with a credit card
I read a post earlier about landlords wanting to collect rents using credit cards. Here is my experience with using credit cards to collect rents. We are a Merchant Service Provider. Many of my landlord customers use ...
Austin Everett
First Rental - Pittsburgh, PA Rejection / Add'l Deposit Laws
I recently listed my first rental in Pittsburgh, PA (Allegheny County) and got my first batch of applicants. Unfortunately they weren't the shining stars I was hoping for so I'm curious about a few items as I haven't ...
Pete Woelfel
What's so special about a 600 Credit Rating
I'm a super small fish renting out a 3 BR 1 BA 1000 sq/ft property in a nice but modest area in Milwaukee. I have been involved in REI for just a couple years and have not experienced many vacancies. I have had 100+ ...
Jay Charles
Rehab Funding Exhausted....Alternative funding
Hello BP,
What are some alternatives for additional funding if you've exhausted your rehab project funds?
Ty Smith
Heloc Underwriter is the Devil
Hello fellow IRL monopoly players
Am looking for a little advice as I am currently in HELOC Hell. I am on day 30 of trying to open a HELOC with a particular bank. I own this property that I live in outright so this w...
Michael Frish
mortgage loan commitment question
A question for those who are connected with a mortgage (working as a broker or with a broker) or have received a mortgage:
How legitimate is the broker's claim (clauses from the mortgage loan commitment):1" This appr...
Ron Mill
Head Start in DC
I live in a one bdrm one btrm condo which is owned outright by my wife and I. The plan is to purchase a larger permanent residence due to an addition to our family (little one on the way). Once we move into our new ho...
Andria Kobylinski
HELOC or Re-Finance, which is better?
I am interested in adding an addition onto my personal residence and am trying to determine what is the smarter financial decision for our situation.Our house currently has a good amount of equity to help fund the pro...
Matthew Griffin
Financing options for first investment?? "10-99" with Low Credit
Recently I purchased my first investment property (all cash) and my funding option fell through. What additional option would be worth looking into?
The following are the details of the investment...
Purchase Price:...
Cecil Tee
questions about collections on credit report
hello all,When analyzing a credit report how do you weigh past collections? I had an applicant with a three accounts that had gone to collection, but they were in total "only" about 2500 and the most recent was 2017. ...