Jennifer H.
700 credit score but has 3 judements?? VS 500 credit score and late payments on individual accounts but blames divorce.
Today I was so happy to get a tenant who got a score of 700 and smart move told me to ACCEPT her! I was thinking FINALLY this is over! But then after reviewing her credit closer I saw she has
3 judgements and...
Muks M.
Renting to someone new to US with no credit history
What would you be careful of before renting to someone new to US with good salary (6 time rent) but no credit history in US ? Proof of salary from employer offer letter only. Good bank balance proof (25 times the rent...
Account Closed
Personl loans? Down payment help
Hey BP, whats your take on taking a personal loan for the down payment of the mortgage first property investment?
Is that possible, do such banks allow that?
Is it a bad idea?
Any feed back would be helpful, thanks...
Yuvaraj Vimawala
Need better Cashout refinance options
I am a local investor in Austin area and implement the BRRR strategy. I use conventional brokers in the area to find a cashout refinance option. I am really tired of spending thousands of dollars on appraisals, survey...
Kyle Abramov
Property Mgmt Company for first property?
Hey guys,
Do you think it's beneficial to sign up with a property management company for your first rental, or should you wait until you have a few under your belt.
Perhaps this is a subjective issue. Interested in...
Kevin Chhum
Hello everyone, I am a new member of BP from San Diego California
My name is Kevin,I'm 22 years old. I open my first small business at the age of 18 selling electronic cigarettes, it was going really well until the competition of other shops grew.I now work a regular job paying abou...
Chris Gilliam
Rent Collection Question
Hey All,
So we just bought our 2nd rental property. On my first one i drive by and collect the rent every month. However now that we are adding another one, and soon a 3rd. I don't want to make a habit of this for ...
Chris C.
Building a 14 Unit Apartment: Cash Flow Proof of Concept
Hello PB,My Partner Mike and I (Chris) are moving steadily through our first deal. We acquired through seller financing a two-story mixed use commercial property totaling 8,000 sqft, located at 77 South Street, Bethe...
Michael Ede
Is this Hard Money Lender as Dodgy as He Seems?
Will try not to waste people’s time with unnecessary details. Basically, I am embarking on a project where I am entitled to 50% of the property, and I am needing to use hard money to borrow fix-up costs to get the pro...
N/A N/A
Find funding first, or get a contract THEN find funding
I'm a little confused as to which step I should take first..
1) I could talk to a few mortgage brokers in the area, tell them roughly the amount I would be buying a property for, and see what kind of financing I coul...