when i recently made the big move from nyc to signal hill, ca, i could not get a mortgage cuz i write and wrote off most of my taxable income to uncovered medical costs (was blinded in both eyes couple yrs back while ...
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Hi BP, I want to ask the experts on how to creatively finance my first property --- if you guys think I should do it now, or wait. First, my boyfriend and I found a quadruplex (1 unit is available, the others curren...
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Have you ever had difficulty getting a loan with poor credit? What alternative funding options did you explore?
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It is inevitable that when you are in the MHP/Affordable Housing space you will have applicants who are Felons, Drug Addicts, Sex Offenders and have poor credit.Here is how I handle each of them:Felonies: It depends o...
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If you have an applicant you denied and they are persistent, how big of a deposit would you ask for if they are weak financially and one of the 2 has bad credit?
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My Credit Score is in the mid 500s. I own my home free and clear. By bank (wells fargo) says I need at least a 640. My home value is around 400k now. More after repair.does anyone have any suggestions for possible alt...
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I ran a credit report on a applicant, and it flagged the applicant for having too many recently opened accounts in proportion to total number of accounts. And, it also flagged that the length of time of bankcard accou...
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Hi, I have spent the last 11 years in the auto industry with Mercedes-Benz and just took a leap out into real estate. I just filed BK to start fresh from all the debt I swamped myself with being in the rat race with t...
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Greetings from Long Island....
I want to become proficient at RE investment. However I’m coming from a place of disadvantage I feel. I kinda want to poll the audience and see what y’all think, first about me and my...
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Greetings from Long Island....
I want to become proficient at RE investment. However I’m coming from a place of disadvantage I feel. I kinda want to poll the audience and see what y’all think, first about me and my...