Besides saving money, building credit was another priority before I buy a property. I was thinking paying my credit card bill on time every month was a good safe way to build credit. But since I started working full t...
What would you guys say to someone who is young, credit is low, and not that much in his account but wants to get into real estate? Whose dream is to own buildings with more than 6 units in it.
How do first time investors in real estate get over the hump of not having enough capital that lenders require in order to invest in this business? I am aware of credit cards but hard money and gap money lenders both...
Hello all, I’m curious does anyone know of any lenders (banks, mortgage companies etc) that will offer a loan to an individual with poor credit? She has great income and very little debt to income, but is around a 550...
Okay I'm moving forward with a property that I'm purchasing with a hard money loan. It's the ideal rental in my market, 15 minutes from Ft Bliss, it needs about 5k in work, I got it at 70% ARV. I want to BRRRR this pr...
The parents of a young couple are purchasing a home for them. They applied for a loan and are approved however, because they already own a home and are not planning on selling it, it is considered an investment pro...
I came across an opportunity to purchase a 4 bedroom 1 bath house. Approximately 1300 square feet. This house has a third floor for 5th bedroom or home office. Basement has dirt floor. Needs complete kitchen and bat...
I'm looking at renting a unit I own in a small town (2500 people). The prospective tenant has an income that qualifies > 3x rent for 3 months. They have no rental history from living with parents and owning their...
OK, I have a 4 bedroom property near a university campus. Most of the interest has been from students. I have a group of students who will be Juniors, potentially wanting to stay until graduation (24 months). I have m...
I've done a few wholesale deals, and am now attempting lease options. This seems to be the best way to get control of properties with no money out of my pocket. I'm a real estate agent so I target properties on the ML...