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Hi, I am new to BP and new to the real estate market. I am looking purchase my first home around November or December of this year. What would you say would be the target credit score to obtain conventional loans thro...
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Hi guys,
Just looking for some advice on good avenues to raise my credit score. I am a foreigner living in the States and only established credit three years ago when I purchased a new car with financing. In addit...
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Hello BP family,My name is Matt and I new to BP. Had a couple of question that I need for somebody to answer it. Been thinking a lot about getting my real estate license but just scared to take the leap. I hear so man...
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What does the "score" mean next to these contributors?
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Hi, first post here. I'm going to do a cash out refinance on a commercial building that I own outright in order to purchase a rental or three. So mortgage number 1 (cash out refinance) will occur this year, then possi...
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Hello all, Can fellow landlords give us examples of minimum credit scores they accept for their properties, and the rent of those properties? Thanks! (Ex. Minimum 600 score for a $1k/month SFR...etc.)
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What do you normally require for a credit score? Also do you ever modify it for a particular location or property?
Our current rental is in a small town and there seems to be some discussion if we should lower the cr...
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After some trepidation, I used Transunion Smartmove for the first time to do a tenant background check.And, I'm a bit confused by their report.I paid for their QuickCheck Plus version, the more expensive version, and ...
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Hi everyone! What credit score do you typically require for applicants? TIA!
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New to Smartmove. So far I have run a Smartmove report on 3 tenants. All three appear to have dismal tenant scores 478-485. Are these as bad as I think they are? What is a median and a good score? Is there a legend s...