So I’m having my Coffee and getting my financials ready to go meet my lender today to do my first deal. I check my credit score and notice my score dropped from 700 to 648. My mortgage company sold my mortgage on my p...
I have been approved for a home loan without having to sell my current home. I am looking into renting out my current residence and moving into another one. When they gave me my credit report I had a 769, 750 & 68...
I have a Land Contract I just wrote beginning of this month. It's for a property in Lafayette, IN, 3 bed 1 bath alot of new stuff remodeled just before selling. The "note" is for 80k, 3k down @8.5% over 30 years with ...
Whats the best way to pass this test? Is it as hard as said?
Hello Bigger Pockets Family!
I have a quick one for you --> What's a good rate for a 30 year fixed loan on a duplex? I was pre-approved through Bank of America with a 4.5% interest rate but am not sure if that's...
The best I have found is quicken loans who will give me 75% cash on the appraised value of a property. I am hoping to be able to do 80% of the appraised value of a property, assuming the interest is the same. Anyone h...
First time landlord working with a property manager to rent a large, very clean, single family home in a Los Angeles suburb. What are acceptable tenant credit scores and requirements for cash reserves? I see that my ...
How do you equate a potential renter with no fico with a low fico potential renter? For me anyone with a fico below 560 is probably a life long deadbeat, and anyone with no credit file, probably is also a dead beat, b...
Hello BP family, I have a unit that has had several applicants but all have shown red flags. The last application has everything going for it except their credit score is bad (430). She recently went through a bad div...
Hello Everyone,I'm sure this question has been asked multiple times, but I need advice on building business credit. Before starting my real estate business several months ago I had an excellent credit score, and we us...