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Mortgage companies do this all the time , lower credit score , you pay a higher interest rate , pmi etc. Now lets say I advertise my house for rent on the low end with a disclaimer. " rental rate based on a credit ...
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I used apartments.com to get credit report for screening tenants. I am trying to understand credit report for the purpose. Overall score was around 530. 1. This report I see "verified" date (say recently like 1 week a...
Hello all, first time poster and relatively inexperienced single unit landlord. I’m out here in California and I want to make sure everything I do on my screening process is 100% above board in every way. I’m so conce...
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Hi Folks,Hoping for some thoughts from some experienced landlords. I am trying to choose between two applicants. I think I know what to do but wanted to get feedback. Applicant A:Unmarried couple, very blue collar. At...
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Mortgage was sold and the account was closed. Put a 40 point ding on my fico score. Will this pop back up when the new company reports, or am I stuck with it? Thanks.
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I am considering selling my duplex in SoCal and taking that money out of CA. I nearly break even on the rent/mortgage but if I am able to escape CA on a 1031, I could potentially be positive cash flowing in the $1500-...
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Hi all I am wondering what everyone is using to screen their tenants. What is the best tenant screening company for landlords that manage their properties?
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As the title says, Im looking to find out if applying to multiple mortgage lenders will have a big impact on my credit score? From my understanding it seems like its ok to apply for multiple preapprovals with differen...
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There are way too many scam artists out there claiming to be legit people to fund money for real estate investing. I do not have family and friends to rely on to get capital I need for real estate investing. I hear ma...
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Does anyone know a lender who will lend on an investment property without a credit score? No, I don't mean bad credit I mean no score. If a person simply hasn't borrowed any money in the last 7 years they will have a ...