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Results (10000)
James Bradin Lightning Struck Property
23 July 2016 | 1 reply

I am analyzing a multi-family property that I am considering investing in.  The numbers appear to work out for what I want to do.  The biggest red flag that I have had come up is the fact that the property was struck ...

Lee Lawson "resident score" vs "credit score"
20 October 2023 | 4 replies

Please give me your thoughts on "resident score" vs "credit score". I have previously used credit score ( must be over 700) but now see that some verification services use the resident score without giving the actual ...

Mohammed S. Appraiser requesting Inspection Report - Should I?
21 February 2015 | 4 replies

Hi BP members,Need your advice. I am in the final phases of a feasibility period for a 12 unit multi-family Class C property. The appraiser from the bank asked me to send the Inspection Report (which I had gotten done...

Account Closed > ONLINE FICO "FAKO" SCORES vs "MORTGAGE" CREDIT SCORES
29 March 2018 | 22 replies

A 700 credit score isn't as good as it used to be.  And those worthless Online scores are generally a lot higher that Mortgage credit scores. New Mortgage Credit Scoring  (un-official chart) 840 - 800 Extremely Good 7...

Account Closed Out of State Turnkey: Shocking Home Inspection report?
4 May 2015 | 46 replies

In the process of purchasing my first turnkey property out of state.  Just got the home inspection report, and it sounds like a disaster.  Water damage on the ceilings, wood rot, old HVAC, questionable roof, dead mice...

John Wallace Current DSCR rates? Who's got the best program?
24 June 2024 | 8 replies

Hi everyone. I'm hoping you can help me find some good DSCR lenders and give me an idea of the going rates? I was quoted 9.75% for a DSCR on a rental property recently. Is that average? High? Low?! As I am shopping, w...

Jay B wolgamott a 4 plex cash flow numbers seam off?
22 April 2019 | 3 replies

So here's the scoop a four unit with rent at $425 for a total of $1700 a month, asking $124,000.( owner pays water)It took a couple of weeks to get the cash flow report. So after looking at it the numbers, I had some ...

Lamont Hamlette Improving my credit Virginia
26 May 2015 | 2 replies

Hey BP I have been putting in days and hours of research on credit repair and can not decide on which route to go or company to choose. Does anyone have any experience with this I have a great lease purchase deal I ca...

Christian Barto Will an FHA loan get approved if the roof needs some repairs?
22 February 2022 | 3 replies

Hello everyone I am in the process of funding a property. I would like to finance the property with an FHA loan and house hack while renting out rooms. I plan to live in the property for a year and fix up minor things...

Rob Chiang Property Management Software- Which is best?
18 October 2017 | 3 replies

Tired of working "in" the business and would rather be working "on" the business?So are we!!  Implementing Scale-able Systems is the first step for us.  We are currently using Quickbooks and Excel spreadsheets, so any...