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I'm considering buying a used mobile home and offering seller financing (classic Lonnie deal). What credit score do y'all look for when qualifying potential buyers? Obviously a stable job history is important too, but...
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Landlords of class C properties,This is my first venture into rentals. I'm just curious as to what parameters you use to determine a good renter? Do you do any sort of ratio where you look for 3x (or whatever that m...
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They are both college students who also work.
Person A is 20 years old, has a FICO score in low 600s, no rental history, has been at retail job for six months.
Person B: I haven't run his application yet but he see...
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I am using a leasing agent to get one of my properties in another state rented. This is the first time I've used an agent. In the application process she asks for an application fee to do a credit check and rental his...
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Many real estate investors don’t realize how much they can benefit from separating personal and business credit. Business credit not only shields your personal credit score but also unlocks larger funding opportunitie...
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A couple filled out application for renting my property. Their credits are bad 500+. I was gonna overlook the credit and rent the house to them since most applicants have low credits. I have called their past 2 landlo...
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I started down this path of real estate investing just over a year ago, and am now on my 3rd property (six doors). I realised pretty early on that with buy and hold your success is as much dependent on the tenant as t...
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I was wondering if anyone has ever done a manual underwriting loan simply because they had no credit?A little background about me: For the longest time I never believed in credit. I have never had a credit card. I hav...
Newbie here.Prospective tenant. Credit Score is about 650 for each of the couple. 90k revolving credit card debt..with utilization > 95%.However rental history is good. Tc about 220k.
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Upon applying for money from a lender, we were to submit a copy of our credit history. My father makes much more than I do, so we supplied his history first.However, his credit history was filled with every address ...