Audrey Truesdale
MIN CREDIT SCORE FOR REAL ESTATE INVESTORS
Hey Guys I was curious if anyone had a ballpark minimum credit score for Real Estate Investing. I am in the process of rebuilding my credit and wanted to know what score to aim for while re-building my credit. Also...
Karin Leung
Any DSCR providers willing to consider Canadian rental experience?
I'm looking to get into STRs and have a LTR portfolio in Canada since 2012 (SFH and triplex). I've lived in Florida since 2014 and we recently acquired another SFH investment property here and have been renting it out...
Anthony Vander Meer
Is the 3x rule really necessary?
Hey all, Yes you should always use the 3x rule when evaluating if a tenant can afford your rent. However I've come across a few very good applicants who have great credit, little debt, and solid jobs. There salary's ...
Hector Maldonado
How Can i structure a deal and keep existing mortgage
Hi Guys I am working on a deal in Providence RI. I have a seller who wants to sell me his house because he can no longer afford the payments. We agreed that I would give him 5k down and 5k every three months for a yea...
Chauncy Gray
Applying For A Loan (VA Loan)
Hello Everyone,I recently applied for a VA Loan through a mortgage banker. After the mortgage banker pulled my credit history, I was told that I "don't have any credit history, and therefore no credit score". The mort...
N/A N/A
Need help taking advantage of opportunities.
I have been thinking about real estate for a couple of years, but in the last year I have become very serious about it. There are quite a number of multi-unit homes in my area for sale. After a few months of researc...
Alice K.
What is your favorite tenant screening service?
Hello All,Was searching online but haven't seen a recent thread/post in a while on this and since these services change often would love to hear what you use when screening tenants. Ideal features:
Credit report (pre...
James Landsford
Calling it quits and selling out via owner finance… Mistake?
I am new the forum but have used BP for years. I currently own around 30 rentals, all free and clear, in the Houston area. In the past year and a half, I have grown increasingly tired of the in and outs of land lordin...
Vernon Huffman
If you had $300k liquid how would you start RIGHT NOW?
Not a hypothetical. Goal is to replace W2 income, initially.
Pete Storseth
Cant get approved for house hack
So I'm trying to start my real estate portfolio with house hacking, refinancing, and cash out pays for the next down payment. My credit is 711, and my debt is low, BUT I only make 23k a year. Ew.So I go to banks toda...