Eric Dailey
Do you think that this is a scam? Personal Line of Credit
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...
Trevor Levine
When do additional credit inquiries NOT hurt your credit score?
A lender told me that if I let several banks/lenders pull my credit within a short timeframe (like 14-21 days), it won't hurt my score anymore than if there was just one credit inquiry. But they weren't sure of the ti...
Jeremy Phillips
Who would you recommend on removing hard inquires
I had a few companies who reached out to me and ran hard inquiries to lower my credit. My questions is who would you recommend to remove these recent inquiries? How would you go about getting these recent inquiries ...
Yvonne H.
How to let applicant know they were denied
I get a lot of applicants, escpecially from Zillow, that for any number of reasons--be it income, background, credit, whatever--they don't qualify. What do you tell your applicants when they don't qualify? I don't wan...
David Levin
Lender backed out after agreeing to terms.
Hey everyone-
I signed a term sheet and app with a private lender. Then they ran my credit, which is in the high 700s. We are rolling! But the next morning the broker shoots me an email. It reads
"I am really sorr...
Eric Landes
Airbnb reservation bots
We have been hosting strs over the past year with great success. This past week we have had over 5 inquiries on one property that were fake inquiries. Has anyone else had a problem with this? Looking for strategies...
Joel Geisel
Section 8 Coincidence or Not?
I recently bought a townhome in a suburb of Minneapolis - 2Bed/2Bath. The going rate in the marketplace is about $1,600/month for rent. Once I listed this property for rent I received 50+ inquiries. To reduce the volu...
Malachi P.
Feedback on Rental Listing
I listed my first rental unit in July or August and received hundreds of inquiries within the first few days, about 20 applications by the first week, and I got a signer 2 weeks in. Unfortunately, we then had an issue...
Pilar Jin
Stupid question, but I will ask: is it better to contact as many as possible banks to get mortgage?
Hi Everyone,I am seeking to buy my an investment property to achieve positive cash flow, targeting $250k - 300k SFH. As a foreign investor, I can only get 50-60% down, 2/1 ARM 4% mortgage from the lender finances my f...
Christopher Johanson
Dishonest Banker?
Today I went with my girlfriend to a bank to talk to them about a mortgage. They asked about our credit and we said we've been working hard to keep it perfect, and they asked if they could look at it.I specifically as...