AJ Smith
No Credit Score, Need Help With Financing!
Hi all,I'm a college student working to close on his first buy and hold MF rental property deal in 2019. I am debt free and have a bit of cash in the bank, but because I've never had a credit card in my life I have no...
Joe Rinderknecht
Cash-Out Refinance or HELOC
Good afternoon BP, My question today is on whether or not I should do a cash-out refinance or do a home equity line of credit on my duplex?Here are the details on my house.- Bought with an FHA loan in July of '1...
Raymond Hunce
Business Lines of Credit Fees
Hello BP Community,My partner and I just set up our LLC and business bank account to invest in real estate in Maryland (Baltimore and Harford counties). We have no investments yet nor have we conducted any other opera...
Raj G.
I am Realtor in NJ, wants to be Home Inspector
Hi , I am a Realtor in NJ, and I am thinking to get my course/Certification for Home Inspection.
is it a good combination?
also I see Home inspection course is around $5k, so just wondering if somebody knows if I ha...
Sean Dougherty
Questions about Pre Forclosures vs. Shortsales
I am an investor just starting to get into the market of purchasing pre forclosed homes. I just wanted to get a few things clarified before I start approaching or sending letters out to distressed home owners. I have ...
N/A N/A
Can I get a loan w/ low credit scores & no proof of inc
I have poor credit scores and I don't have any proof of income. Is there a way that I can be approved for a loan with out a cosigner ? I have looked at information on hard money loans and I don't feel that it is a sa...
Bisrat Arega
Should I start now?
Hello Everyone!Recently I received a mail from a loan company saying i was prequalified for up to 35$k credit line. I want to be a real estate investor using a mixture of buy and hold and appreciation strategy. I don'...
Jake L.
Taking title and refi brother's property to gain 200K equity
My brother has bad credit and currently has a mortgage with an interest only variable loan on his primary residence. He asked if I could add my name to refinance the property to get a better rate (30 year fixed). Luck...
Janice Reynolds
should i pay of credit cards or save my down payment
what is the best way to go, i have a 700 credit score my debt to income is 17% of my pay check but also have some credit card debt, should i pay of the credit cards or save the money to put towards my down payment
Mark Beekman
Will Credit Limit Increase Hurt My FICO?
I know that opening a new line of credit will hurt my FICO in the short-run, but will raising my credit limit on an existing credit card have the same effect? Would it count as "new credit"?