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Potential tenant
I have a potential tenant with a score just under 600. This is much lower than I usually find acceptable. The reason given for that score is that this person owns a rental property with someone else and the property i...
Grant Anderson
Rental Applications
Hello all, I have a few rental properties that I manage myself. I have been hearing from some people that I should set up some criteria to base my decisions on. The criteria I have come up with is income must be three...
Jamar Arbelo
Credit
:superman:
Does anyone know if defaulted student loans counts on your credit as bad as bankruptcy? They have since been reconsolidated.
William Coet
15 Year Mortgage Rate Confusion
We were quoted 4.75 apr for a 15 year mortgage. The lender said rates have been going up. This is confusing because the fed has been lowering rates. -4.75 is well above the average 3.02 posted on other sites that ag...
Sonya Fowlkes
Green newbie looking lending advice
Hello all. I’m very new, and this is my first post. I have zero experience in buying homes for rentals. I’m in the process of rebuilding our credit (very low score currently) and should be in a good place with my FIC...
Kemi Okafor
What credit score is regarded as good enough to consider a tenant?
I'm planning on renting out a newish SFH in Georgia. It's in a nice quiet neighborhood for the area, rent is close to $3000. Over 3300sqft. Has been lived in by only 1 family since it was built in 2019 ago and they to...
N.A N.A.
Banker pulled credit 10 times, Viewing C&S amouts on report.
A couple of random questions.
When a new banker pulls your credit, does it actually show the amount in the Checking and Savings accounts? I have a few (old accounts a couple hundred bucks) accounts with zero activity...
Ryan Johnson
Credit Setback-Huge Drop
Hi, Bigger Pockets. I spent the last 2 years working with a credit relief company to repair my credit score. My credit was finally in great standing and I was pre-approved for a mortgage. I continue to monitor my scor...
Kristian Kotov
Advice on Looking for Commercial Lender for a 5-Unit Building?
I have identified multiple 5-unit buildings that I am looking to purchase in the Fall River, MA area. Originally, I was looking for FHA loan, but when I found a 5-unit building within my budget, they told me that FHA ...
Joel W.
Realistic Tenant Credit Score
Hello, I'm developing a business plan for my REI and I'm wondering what credit score do most people use to determine potential tenants? 780,740,720, 550???? Is the score or the record what concerns landlors most?I pla...