Tanim J B.
Help reading a credit report
Newbie question. Trying to read a smartmove report it says Total monthly payments. Does that include all the credit card payments (like monthly statement that may include all the utilities n expenses?) OR is it just f...
Najib Aden
Building Credit
Hey BP-ers ! I'm a newbie so be easy on me. Someone told me that the best way to build your credit is to make small payments on your credit card bill instead of fully paying it off.If that's true should I make small p...
Rong Liu
Low Credit Score applicants
Hi, BPers,I need your kind help.I am in the progress of screening tenants with mysmartmove.com. Currently one family applied as husband/wife/2-kids and uncle. The three adults makes 12.6k annually or 3.5 times of the ...
Lauren Hogan
FICO versus VantageScore?
Hi BiggerPockets - This question is for the lenders on the site. I understand the differences between a FICO score and a VantageScore. Which do you prefer loan applicants check prior to applying for a loan? and WHY?! ...
Jeff T.
Property Manager refuses to pull FICO Credit Scores?
I asked my PM to provide actual credit scores instead of just the credit history. I have a hard time deciphering various delinquent accounts etc.. and just want a Credit Score to evaluate a tenant.The PM reply is bel...
Corey Dutton
Financial Tech Startups Make Lending Decisions Easier
In a recent article on American Banker, several financial technology startups were highlighted that are helping lenders in loan underwriting. One of these financial tech startups is called ‘Enigma.’ This technology al...
Robert M.
Background Check Tactics
Hello All,
I have been renting property for several years now, and fortunately for me, I haven't escaped some of the nightmare tenants some have experienced on this site.
However, I wanted to query ever...
Rhona Didi
Tenant rental questionaire
HiI'll be renting out my condo. If I rent out the enitre unit to a potential tenant, can I ask the following questions below? DO they look ok and anything else I should add? Thanks!About you-- Name-- Current Address--...
Annette H.
Plenty of assets & cash and still turned down!
So frustrating when you can show a bank your assets, your bank accounts and liquidity and they still find a reason to turn you down! My husband is from the UK, (dual citizen) he's got the assets and despite the 720 ...
Brevin Weaver
Young Investor getting Financing/Capital
Hello Bigger Pockets! I am a very new investor looking at purchasing a few rental properties. At this point I have one rental property and am looking into also possibly doing some flips as well if an opportunity comes...