Just curious as to what happens to one's credit score after obtaining financing for REI? What can one expect after the first loan? And second, and third, etc? Let's assume all payments are made on time.
My husband and I are planning to do our first flip.. we've been researching different kinds of financing and see hard money to cover the purchase price and a heloc for downpayment/reno costs as our best options. We h...
Hello everyone! I currently reside in Chicago Illinois and I was thinking to take a hard money loan for rehab properties. Would that be a good idea? If yes, which private lender would be the best in chicago area? And ...
I am in my final steps and will be finding out if I’m cleared to close tomorrow. I am a nervous wreck and hyper paranoid.I happened to look at my credit score and 3 days after we had an accepted offer for the home we ...
Whenever a person buys a property, they have to go through credit score checks right? So how does investors buys houses like every month. Does bank check the credit score every time they buy or how does it work? Becau...
Does Citi have a home loan application fee. I called Citi and told them I was interested in a loan, the loan officer talked with me for about 15 minutes, then he checked my wife's credit report, but was unable to chec...
In the REI group meeting a week ago there was a lender there who advertises $50k to $200k personal lines of credit, to be used for anything - closing costs, fees, even the entire purchase price for a property. The...
How are FICO scores affected when you start taking multiple loans to fund your investments? I’ve been watching a lot of videos about real estate investment and have found answers to pretty much all questions I’ve had...
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...
Hello folks,
Any lenders with good experience doing FHA 203k loans in the San Antonio, Texas area? Also would love to connect with an investor/agent in the area who has either had experience doing this type of deal o...