Hi,I am considering obtaining a HELOC to purchase a second property (ideally for investment purposes). I have applied with Chase and a local credit union and have been rejected for lack of credit history. I own my cur...
Hello BP,
I was wondering how to get started with rental property investing without financial records. I do have the funds to put a down payment and repair or even buy the house cash out right. I have a few question...
So I applied for a FHA 203(k) loan and was pre approved for $325K I only wanted $250k. So after giving the lender all my documents upon first visit I waited a couple days for a rejection or pre approval. Great I was p...
Hey everyone!I'm very excited because I am purchasing my first investment property! It's a small house in the Cleveland, OH metro area. I am inheriting a tenant that has been in the home for 6 years, who is currently ...
Would this be a good way to get started or bad??
when screening a tenant what are some of the big red flags to look for? also what is the preferred credit score to look for in a tenant?
Hey Chicago,I am wondering what residential leases you all use. I purchased my first property within the city and have a vacancy in one unit. I am showing the property this weekend to potential tenants and wanted to m...
I'm brand new to REI and being a landlord. This is my first time posting although I've been watching and listening to the podcasts for several months. I've been talking to friends in the business and reading a lot (...
My account saying I've been on Biggerpockets for about a year now, but in truth I've been studying Real Estate off and on for a little more than that. It was only in the last 6 months did I realize just how little I k...
If you have a tenant that does not have established credit who is part of an older generation that doesn't believe in credit, would you rent to them? Every thing else as far as criminal, rental, and income has checke...