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I owe around $162,000 on my home but the value is now about $204,000. My credit score is in the high 500's, largely because I have all my credit cards at their maximum left over from Christmas, I just paid them down t...
If I set up a LLC does a bank generally see that there is no credit history or do they go off of my personal credit?
How do I get a loan of they won't use my personal hx?
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I found my first tenant and everything seemed fine. I went over the requirements with her. Gross income three times rent, Credit score greater than 600, etc... All is good she says. During the showing she mentioned he...
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Hi all, My wife and I are in the process of marketing and renting out our first income property. Is it normal to do a criminal background check along with the credit history? Just curious. I've advertised on a site ca...
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I have been seeing more opportunities for fix and flips lately. When it comes to financing a flipper home it can be tough. Does anyone have a source for hardmoney or some type of house flipping loan they would recomme...
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I have currently 18 years old and just graduated from High school. I am working two jobs and I know by this time next year I will easily have enough money saved up to put a down payment on a desired duplex or triplex ...
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Hello BP, this is a two-part sort of complex question so I will try to keep it short.I will be leaving my W-2 job in about 24 months (Army) and making my current part time business (RE sales) my full time job. This wi...
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My husband I and purchased our first rental at the end of May. We are wrapping up the renovation and are putting it on the market in the next week. What guidelines/qualifications do you use when considering tenants? i...
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Hello everyone,I am going through the mortgage approval process and though everything else checks out (good income, credit score, reserves) she is claiming that I cannot qualify for an investment loan because I only h...
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Hello All, I am currently looking for a tenant to fill my first rental property. A little background; The property is located in a less-than desirable part of town, but the house is nice & clean.
I have one guy w...