Sam Bedich
Getting a credit card?
I am 18 with no credit score. My dad is against me getting a credit card knowing the high interest rates it can cause. Is there a way to build your credit score without a credit card? The reason why I want a good cred...
Alejandro Franco
NEW INVESTOR FIRST TIME BUYER!
Hello everyone!I will appreciate if anybody can help with my first property. I live in NJ, my brother (he resides in Ohio)and I are buying a house for passive income in Columbus OH. Now I want to know if anyone knows ...
Jim Peckey
Requesting help with screening our first tenant!
Hi BP,
As
rookie landlords, we've recently listed our first unit for rent @ $850 per month - an upper 1bed/1bath apt in a duplex that we owner occupy & currently live in the lower unit. We're hoping to get so...
Yannie Gold
Applicants with varying credit scores
I require my tenants to have a minimum credit score of 680. A group of four are applying together for my 4 bdrm property. They are an engaged couple, the guy’s mother, and the woman’s brother. I was told that out of t...
Sam Faas
Tenants responsible for application fees - a little too much?
I am just starting out on my RE journey and currently marketing the property on Zillow. Zillow Applications use their $30 for an umlimited applications to apply on Zillow. I think of this as a more of a screening to...
Michell Chase
Just closed on 1st investment using conventional, can i purchase 2nd right away?
I am currently retired and just purchased my 1st duplex in Upstate NY using a conventional investment property loan. I am interested in purchasing a 2nd multi family right away while the market is good in that area. ...
Andre Chouinard
How is a HELOC factored into DTI for future mortgages?
I am pursuing a HELOC of $65,000 on my owner-occupied duplex and was wondering how this will affect my DTI ratio when applying for future mortgages.For normal consumer credit cards, the lender adds up the minimum paym...
Daniel Andrews
LLC question
I have a foreclosed property on my record from 2010. (bad real estate investment). My current home is paid off and I have one rental with $350 positive cash flow. I applied for another mortgage and was told I would...
George Willaman
18 y/o (no credit) looking to get into real-estate
Hey all,I haven't been a registered member of BiggerPockets too long but have been reading it's content and learning about real estate for some time now.I'm 18 (just graduated) and run my own business/data-brokerage o...
Jody Sperling
Repairing Credit Score
I've researched deeply on this topic and haven't found much. We had a 815 credit score as of June 2020 when we purchased our first investment property. Though we've continued to pay in full all of our credit cards, an...