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2 applicants. Applicant 1 has 509 credit score. Stable job for 20+ years. Provided W2/Paystubs/references and credit report matches previous rental addresses. All looks good for applicant 1. But applicant 2 did not pr...
I wrote this on a duck hunting forum I am on:
"For those seeking a car loan and/or mortgage. Read this and let's discuss. I will admit I am more careful with my credit history now than I ever was.
http://finance.y...
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I am 18 years old and I am interested in buying a owner opperated property in Erie where I will be attending college. I have found many good priced multifamily units and I have about $20,000 for a down payment. Im in ...
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I currently have 4 credit cards and a personal line of credit. I want to cancel 3 of my credit cards and end my relationship with a particular for profit bank. However, I am curious if this would at all effect me when...
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Hello I am considering getting into Buy & Hold investing. I have no money and no credit history. What do I need to do to get going in the right direction. Also anyone that willing to teach me the ways to close the...
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I have an application from 2 sisters, 27 & 23, of a good tenant in a 3U for another unit in that building. They have $85k income from decent jobs for a $1550 unit, so income isn't a problem. But they have no cr...
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Hey folks, I’m in the process of refinancing a couple of properties I have. However i made a mistake and opened a couple of credit account and it lowered the credit score drastically that the qualifying score is 703 b...
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I was reading the tenant screening guide provided by BP, WOW it is full with some great information. Assuming the prospective tenant income is 3x rent, no evictions, and good references, do any of you also set a mi...
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I have two potential tenants currently and am weighing my options. Both report a good income well over >3x monthly rent, but both have criminal background history and low credit score (upper 500s). How should i we...
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Looking for recommendations and tips on best possible ways to market an investment property to potential tenants without having to use a property management company. Once I attract tenants what screening process shoul...