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?
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...
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...
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...
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 ...
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...
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...
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...
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...