Dustin Beam
Another screening question (bad credit vs good rental history)
Hello beautiful people of BP,I know I'll make the final call, but as a LL of 15 months I'm still trying to determine what really matters most and what to avoid when placing a tenant. And I'm not too proud to ask for a...
Jesse Brooks
Looking for creative financing strategies with short credit history
Hey everybody! I'm a new real estate agent in the Portland, Maine area. I'm full time as a real estate agent and also work 1099 as a carpentry apprentice on the side. I'm looking to buy my first property as a house ha...
Antwon C.
Starting a business with no history to get loans
Just starting my own business as INVESTOR .Previous work for my uncle five years ago as project manager helping him out, geting paid a little Having problems getting loans because no tax returns for my business any ad...
Michel Ho
How to migitage risk for tenant with bad history
Hi all,If you had an applicant with bad history ( eviction last year, and bad credit) and thinking of giving this person a chance, how would you set the terms? Rent? Special clause? Safety deposit amount? Any special ...
Aidan Wilcox
Four Plex on FHA Loan with minimal credit history?
Ive got my eyes on a 120k fourplex in my area with a fairly decent cash flow. However the specifics of the deal aren't the important part of my question.I'm 18 years old and this will be my first property if I'm able ...
Ellie Narie
Househacking a 4plex- one tenant has a criminal history?
I'm about to close on a 4plex pretty soon. One of the tenants has recently moved into one of the units, and this tenant has bankruptcies and a criminal history (this includes burglaries) that is recent. I'm not sure w...
Brian C.
Rent to tenants with history of late rent payments?
I talked to an applicants current landlord and he said that the tenants are late with rent 50% of months over a 2 year period. However they are honest and always pay eventually including all late fees.
I talk...
Amie D.
Applicant with potential future negative or potential negative history
Sorry for all the questions lately. I own two properties, the other property I've owned for several years, rents mostly to graduate students and is in a pretty good area and is pretty cut and dried. The newer rental r...
Account Closed
How to Start with no cash, credit history, etc...?
Hello!I'm a college grad of about 2 months. I'm a complete newbie to real estate. The most I have done so far is buy some biggerpockets' books, read forums, connect with other real estate investors on the site, and be...
Chris Corvil
Is student loan debt and low credit history bad?
I just graduated and moved to Spartanburg South Carolina from Jersey. Is it possible to still buy a property, qualify for an FHA if I have student loans and a credit history under 2 years? I have a great credit score ...