Hello everyone,I'm 18 years old and with average FICO score 715, I have a 5-10 percent down payment, with only 6 months of full-time employment (annual income 52k) and 1 year of part-time work history (annual income ...
BP community, I'm asking for your help! I'm in quite the predicament.I have a great opportunity in front of me to start the real estate journey I've always imagined.... Buying a multifam with a partner, our projection...
Must a landlord perform background/credit checks on prospective tenants? I use the standard Texas Apartment Association application and on there it does ask about their background but I'm sure many people lie abou...
I manage all my own properties and screen all my own tenants. In the last year, I have had 5 prospective tenants, all between 34-67 years old who have NO credit history. Is this a scam of some sort? Their names and...
I am screening a tenant who is more than 40 years old. She passes criminal and eviction checks, but not credit check. My minimum FICO score is 621. The service I use just tells me whether she passes or not - nothing m...
Hello,
I have decided to welcome section 8 applications for my rental, but I'm wondering if my screening criteria listed below are unrealistic for applicants:
- Minimum credit score: 640.
- Minimum household incom...
Greetings everyone. I have found myself in one of those spots where I know what to do, but being a newbie makes me hesitant. I am one of those who always ask, no matter how obvious.
My PM has found a tenant that seem...
I am leaning towards purchasing a 12 unit 1b/1b unit which would be my first multi-family property. I have a significant single family portfolio so I'm not new to real estate investing.
My question is: How do you val...
I live in Las Vegas NV, where there is a new down payment assistance program that gives you up to 20K. This down payment assistance program only works with single family homes. I was really looking into getting a four...
My question is can you receive a mortgage with only 1 year of work history? Here’s my short story... I am 24 years old and took a year to study for my current career through a non accredited school. Before that I had ...