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Results (10000)
Edita D. Closing on a house in 7 days and credit score dropped 60 points
1 June 2018 | 14 replies

Hey guys,
we are about to close on the house, and we just found out our credit score dropped 60 points, so now we have a delinquent payment of 60$ reported to credit bureaus. (We did not receive a paper statement from...

Bob Drew Credit score slightly lower than 650 - Reject or Approve?
28 September 2019 | 8 replies

We require all adults in the household to have a minimum of 650 as their credit score. I had a young couple see the house and they are interested in moving forward with the application process. However, the guy says h...

Scott Trench Should We Make Our Kids Take Finance/Business Classes?
5 May 2015 | 68 replies

So this is a subject that I’m very interested in and I’d love to get everyone’s opinions.What do you think about mandating Finance class for grade school children? I’m not talking about making them take it one year of...

Harry Williams I am funding a flip. How should I handle expenses with builder?
6 October 2017 | 3 replies

I have a separate business account set up for my LLC. Should I reimburse him with checks for materials over the course of the project or should I give him a debit/credit card to make purchases for the project and watc...

Jalen Thompson How to buy a house w/o no money
24 June 2015 | 11 replies

I'm new to real estate I'm 19 single child, I'm highly motivated to learn about the process of wholesale/flipping houses! I want to know the actual process! How to do it, step by step by step! I'm a very detailed pers...

Robert M. High utilization of HELOC impact on Credit Score
3 August 2021 | 1 reply

This has been discussed previously on Bigger Pockets and online, but answers are unclear (the online blog entries conflict wildly, see below for a couple of examples).  I'm trying to get a handle on how much a high ut...

John Daugherty My FICO is fair. Do I wait or invest now?
28 February 2020 | 1 reply

Newbie here from Tucson. I’m getting started in REI and I’ve discovered my credit is only fair.I paid my mortgage off 6-7 years ago. Every payment on time and then doubled up to knock it out. All my vehicles are pa...

Shelly Scruggs Credit score
11 January 2020 | 5 replies

Good Morning BP.  I have a credit question. When does your credit score take a negative nudge when lender shopping and having your credit pulled several times

Neil Sinha Business credit score and commercial mortgages?
31 July 2017 | 2 replies

Hello.  I've been happily reading through tons of material on BP as I start out my REI journey.  When it comes to lending to business entities, I've seen two separate discussions: 1) business credit and 2) commercial ...

Jon Dang Loan Pre-approval process
6 November 2018 | 1 reply

Bigger pockets family!I am looking for single family rentals and I am going through the pre-approval process. How far in advance do yall recommend  one gets pre-approved for a morgage? I understand that all hard pulls...