Obdia Whitmore
Need help or advice on my Cash-out-refi
Hi BP family,I have an issue that I need some advice and possibly help on. I recently rehabbed a three unit in Chicago.My plan was to do the BRRRR method, but my credit score dropped tremendously due to me using my cr...
Justin Morris
Refinancing A Cash Purchase
This is a pretty straight forward situation, I'm buying a SFH as a rental for pennies on the dollar in cash. I want to refinance it right away to cover rehab costs and pay back my PML, is this possible with out sea...
Jared H.
Different score models used for joint mortgage application?
I'm applying for a second mortgage with my wife as a primary residence with a direct lender. I remember on our first mortgage (using a broker), our credit score report was given back showing the same credit score mode...
Jennifer Jackson
Potential tenant has bad credit and a DWI
I recently met a potential tenant that I fell in love with. Very sweet personality and she was excited about the uniqueness of the property. I checked her credit score and it was not great (595), has a history of some...
Deisy P.
Acceptable Verbiage for Unit Listing
Still no luck with finding a tenant with good credit for my unit. I require 600 credit score but am about to change it to 575. It's a good neighborhood. I just don't understand how 600 is high. I've looked online and ...
Karlo Alamo
To pay, or not to pay?
Hello friends!
I recently lost my job due to COVID, and I had a work history with a good income for 4 years. Now that I decided to chase what I really want which is Rental Investment, I've come across this roadblock....
David Barwick
Choosing between higher income or better credit applicants
I’ve been showing and taking applications for my first rental property. The applicants all seem to fall into one of two categories:1. better than 3x income but credit problems ranging from missing some payments for so...
Anthony Gayden
What I Learned Living In Hotels for 4 Months in 2017
I love to travel and my job allows me to travel a lot. This year I have been on several trips for work and out of town for over 4 months. It has been great fun and I have made a lot of money. Still I have this passion...
Andrew Reis
Using 0% Interest CC's for Rehab Work
I am interested to know why more investors don't open CC's that have 0% interest for 12/18 months for rehab work on their investment properties. After listening to the first 335 episodes of the BP OG podcast, I have h...
Dave Harlan
Thoughts on Kiavi?
Wondering if anyone has used Kiavi as a lender? Thoughts and experience using them?