Kevin S.
Minimum FICO score for new tenants
So I recently had my only tenant give notice, and am about to start the search for a new one. Just wanted to poll BP for what minimum FICO scores you require for applicants, I know this can be area specific, the prope...
Britt Clark
How Do You Finance Within an LLC?
I’ve talked with several lenders and have found a few that do have programs to loan within an LLC. The problem is the rates are so high (6.5% -8.5%) for a 30 year fixed that it would require me to get a really super p...
Nathan Ditoto
Future loan implications for HELOC
I have been speaking with several lenders and each seems to have a different opinion. My goal is to access the equity I have in my private residence to add to my cash reserves in order to use this money to invest. Sel...
Paul Brock Woodham
Need Help On this Deal
Hello Everyone, I am currently looking to buy my first multi-family property and want to attempt house hacking. I am a freshman in college at Troy University and have found a property I feel is perfect to get started ...
Clark Coffey
Screening Question - Requiring all applicants to meet min FICO
Hello all, first time poster and relatively inexperienced single unit landlord. I’m out here in California and I want to make sure everything I do on my screening process is 100% above board in every way. I’m so conce...
Rob Wallace
Recommendation for mortgage lender who will lend directly to LLC
I’m looking to purchase a rental property in Cincinnati. My partner and I are unmarried and have set up an LLC with each of us as 50% members. We would like to purchase the property through the LLC with financing dire...
Sam Alberry
Feedback from minimum credit request
we put a minimum credit requirement of a 650 score along with 3 times the rent etc etc . here is the feedback we received :Sorry, I am a great tenant and I do not agree nor believe my credit score should be considere...
Pablo S.
Evictions at Orlando - FL
I'm from Argentina and I have condo units at Orlando and Miami I have a realtor located in Miami, managing my units. My problem is that I had 2 evictions in 2 different units at Orlando during this year. My realtor so...
Travis Paez
Which local bank should I use?
Based in Annapolis, MD and investing in the Baltimore area, I am looking for a local bank that would cater to the needs of a beginning investor. What criteria should I use to qualify a bank, are there any area banks t...
Daniel Okorie
Multi family purchase
I'm trying to purchase a multi family property in Houston tx as an owner occupied but running into dti issues because of student loans. Because of what I filed on my returns as income I pay myself from my businesses, ...