Looking to purchase a lot for future use(cleared with power and water). Not sure what my options are, we currently have 4 mortgages 3 rentals 1 primary so if they look straight debt to income could be an issue. Rent...
Hello friends!I recently leased out my 2nd SFR. Both cash flow approximately $300 after expenses. I have around 25k in reserves and my job nets me $8k a mth. My niche is high end SFR. Multi family and commercial are t...
I'm purchasing a house hack, it's a duplex. Obviously I want to make sure I get a good tenant because I plan on living there for at least a year and a half. Anybody have any additional tenant screening tips especially...
Hey everyone!I was wondering if it is a good idea to pay for a house ( or majority of it) using a credit card? Also, it is only a thing flippers/rehabbers use or is it a way all investors use? Or is this just a terri...
This might be a dumb idea, so forgive me. My credit is terrible but I make good money and I'm looking for a way to build credit fast. I was thinking of taking out an auto loan instead of paying for my car in cash for ...
What are your baseline qualifications for a tenant? Do you find pre screening tenants with a few standard questions turns people away?If a tenant has NO credit - would you consider them?
Hello BP!I have an interesting question I haven't encountered before - I have Canadian citizens (relocating because of work) interested in my rental home. I recently started using Cozy.co to help me with tenant scree...
Buying multiple houses a year, How do you avoid so many credit checks?? Especially if you do it personally and with an LLC or two
I genuinely need answers from professionals. My husband & I have spoken to 6 different lenders. Each one we have spoken to gave us a different answer to why we can't get approved, please help me understand why.
O...
I've herd about a technique for getting together funds by opening several credit cards and getting line increases until you have enough to purchase a property, then refinancing out. Sound like a good idea or bad. Has ...