So I have my former residence in my personal name (which I am renting out) and recently purchased another home (which I currently live in). I intend to rent this one out as well. I bought my current home in July and i...
My credit score is stuck at 670. I have a $2k limit and only spend $75/month. It’s on autopay as well.How can I increase this?
Is there anybody here who allows tenants with bad credit, but charges extra rent/deposit? The standard advice is simply to not rent to tenants with bad credit. But can you make extra money by taking on the extra risk,...
Hi everyone, just closed on my first property and now we are up to screening tenants. I have two sisters interested with a 545 credit score and a 485 credit score. Otherwise no red flags. Can anyone help with some ad...
How is it possible for a full time employed person not to have a credit score? Are credit cards necessary for this?
There is a 3.2 million 36 unit newly built apartment building by Baton Rouge, LA HBCU S.U. A&M and LSU colleges. Can this property be purchased with an FHA ?
I am planning to use my HELOC to purchase a property. The plan is to then refinance the property once the seasoning period is over and then pay off the balance of the HELOC and do the process over again. My question i...
Hello everyone,
I have a client with a credit score below 620 which makes it tough to get a loan. Can they do a 1031 exchange and use their funds towards the down payment of a property and have their daughter take ou...
I am new to landlording and this is my first time reviewing a credit report.
Rent: $1,100
Monthly income (before tax): $5,500
Credit Score: 778 (did not miss any payment in last 3 years)
Min. Monthly Payments: 550 (w...
First time landlord working with a property manager to rent a large, very clean, single family home in a Los Angeles suburb. What are acceptable tenant credit scores and requirements for cash reserves? I see that my ...