I have a buyer who has a 575 score - but the only thing holding him back is significant student loan delinquencies. From the credit report, it is not a single debt but more likely a semester at a time (CSA/USA Funds m...
Does anyone know what the new change is that prevents you from getting an FHA loan when you have student loans?
By God's grace I have been able to put together 3 deals for my husband and son the past year - all multifamilies.Now my son has some cash saved up from his full time job -around 150K . I would like to help him to in...
What safe-guards are in place to prevent someone from using student loans to invest in real-estate?I've heard rumors from multiple investors that people have used their loans to place down-payments/rehabs/HMLs on hous...
Hello all, I'm a 22 year old senior in college and I'm looking for some advice and words of wisdom on rental property investment. I do not have any student loans and I live with family. A majority of my salary goes in...
I’m coming up on the end of my 6 month grace period before I have to start paying my student loans. Between my wife and I,for the standard 10 year pay off, would be paying a little over 800 per month for the next ten ...
I have been torn which direction to go in regards to what to do with my money. Here is my scenario, do I pay off my wife and myself's student loans (50k @ 6-7%) or do I use that money and buy another rental for around...
Hello everyone! My fiancé and I currently own 2 multi families under conventional loans (a 3 family owner occupied for 3 years and then moved out to owner occupy a duplex). We each have FHA available and are look...
Hi,
I am considering applying for a mortgage loan but have a high outstanding balance in private student loans that have been in default since 2015. The loans currently only report to one of the three credit bureau's...
Hey BP! Does anyone have a good resource to monitor student loan default rates in real time? Something that's updated like a Yahoo Finance stock graph?I'm waiting for the burst and want to monitor, if there is anyth...