Long story short: Closed up electrical business and filed chapter 13 last fall, and went back to work for THE MAN. I believe we may have enough equity in our house to get a HELOC and pay off the BK. I've read it's pos...

Hey folks.   I had an emergency repair at one of my buildings (boiler died in winter) that I had to put on my credit cards.  I put a total of $30,000 on my cc for individual furnaces in each of the 8 units. I had a cr...

I was pre approved for house and bank just accepted my offer last week, I received notification today that credit score dropped 28 points ONLY thing changed was alert saying "credit usage significantly increased 45%" ...

I have a high end single family home that rents for 3700 per month in New Orleans. I received an application from a doctor that just finished his training and will be starting a job where he makes 560k per year. His i...

How important is a 600+ credit score when the lease is 30 days to 6 months. If I'm renting to traveling nurses or business people they usually are only there for 30 to 90 days.

Hello BP community. I'll be arriving to the US next January to work in Los Angeles area. I have some savings that I would like to use to invest in real estate, however I am concerned about building credit score. How m...

We are considering buying a business which will require a business loan and are still looking for duplexes which we would prefer to finance.  We have substantial equity in our primary residence and thought we should s...

I purchased a 4plex a few months ago for house hacking and inherited 3 tenants. I have since gotten rid of one of the tenants and have rehabbed the unit. This is either a B or C property depending on who you ask (dece...

BP Community,
Looking for some help on this topic. I'm currently winding down a flip that I have $100K+ into holding on a personal line. I just went under contract on a Duplex (Cash Buy) and scheduled to close by end...

My girlfriend and I are about to form an LLC together for our flipping business.  And although I have done several deals and rehabs pre-2008 (so it's been a while. lol), my credit is not that great right now.  However...