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Hey BP Community! I recently got a pre-approval back from a great mortgage lender but was a bit sticker shocked when it came back at 5.50%. I know rates have moved quick over the past few months and can vary amongst r...
CONTEXT-(30k in credit card debt, split between 4 cards, mostly in charged off status)
(one vehicle loan that was charged off, is now caught up to current, not paid off, 50k original loan amount)
(some card companie...
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For conventional mortgage financing for us that are self employed and also use a Schedule C, do lenders consider your AGI as well or are they more/only concerned with the numbers on your Schedule C?Thanks!
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Asking for a friend...My Friend owns a restaurant business that was severely affected by Covid 19. During the pandemic he was able to get refundable PPP loans to help offset the 50% drop in Gross Receipts that affecte...
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Have owned a corporation for a few years, excellent credit all around.
No problems at all, just looking to continue to boost my credit worthiness in case I need a LOC or similar.
My company has a DUNS number, but I ...
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Hello. I will be using Quickbooks Desktop for my 2018 booking keeping on long term rental properties. I am learning how to use it and practicing and am having trouble with a specific scenario.I receive payments via ...
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I have 7 Credit Inquiries right now. I got 6 last year from looking for a personal home for over 9 months before having to halt my search. Now I'm looking to invest in real estate and just got pre-qualified for a loan...
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so i have been using them since october of last year. I was refered to them by a friend who is an investor.
its been 5 months, I have paid off almost all my bad dept. (i 1 collection that i owe on for less then 300 a...
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Hi BP - I am buying an investment property for $90,000 with 25% down. All of my costs are below. The closing costs seem VERY high. Is this a reasonable amount to assume paying?Purchase price: 90,000Borrower closing co...
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Among all the paperwork involved with taking out a mortgage, it is very easy to let your mind wander and simply sign on the dotted line. But be careful, you should read through the details of the loan.You have to ask ...