How can I start a real estate investing business? should i start an LLC and how can I obtain business credit?I have a good personal credit rating but low to no money to invest in a home so what are my options?
Hello! A friend of mine is trying to purchase her first home in Chicagoland. Her credit score isn't great, and her mom offered to cosign because hers is higher. Is a higher credit score enough to make her mom a good c...
What is a credit tenant in industrial real estate?
Hello all, Two questions. 1. How does investing affect your credit score overall. It seems that constantly applying for a mortgage (thus resulting in multiple hard credit checks) and carrying a large amount of debt wo...
Credit/Real Estate QuestionI have no credit and want to invest in real estate. I paid for college on my own without a loan and didn't buy a car or have a credit card. Now business is going well and looking to progress...
Hey everyone, I'm looking to get a line of credit (LOC) on some of my investment properties (non-owner occupied). I've seen some of these threads before, but none within the last while, and I figure one of these every...
I'm a super small fish renting out a 3 BR 1 BA 1000 sq/ft property in a nice but modest area in Milwaukee. I have been involved in REI for just a couple years and have not experienced many vacancies. I have had 100+ ...
I was walking to my local branch manager today while waiting in line about the economy.
We were talking on issues of credit and he stated the current administration is like a kid getting the keys to a Corvette and no...
Hi BP,So I am planning on house hacking a triplex for my first buy and hold investment property. I am using an FHA loan and the mortgage amount is going to end up somewhere around 120k. My lender is giving me the choi...
Hey All,My mortgage broker got back to me with three options for our fee summary and amortization schedules.Option 1: Interest rate: 3.875%Lender credit: $340.52Total cash from borrower: $7,082.68Total monthly payment...