Obviously you shouldn't lie ;). That being said when requesting a credit line increase for a credit card and they ask for your annual income obviously the more the better, but what about monthly rent or mortgage is it...
Just some back round info I make about 150k a year and I have a 780 score one rental property. Do you guys think it’s worth looking up every way of raising credit score and doing it ?
for example I know multiple ca...
I am hearing a lot about using credit financing for new investments in the event your credit score isn't shining. I am interested in the concept, but am hesitant to go further with this, as the risks seem quite high. ...
I received this from my accountant in his newsletter. I thought it was worth passing along.
Nine Facts about Mortgage Debt Forgiveness
If your mortgage debt is partly or entirely forgiven during tax years 2007 t...
I have a possible tenant with a 638 credit score and a bankruptcy filed in 2014. She is 59 and has good rental history. She has a disabled husband and is an adult foster care worker. She has a 45 year old mentally dis...
I am buying a few properties using different banks but I'm running short on cash for the downpayment. I should be able to pay off the downpayment in less than 12 months but I need the money now. What credit cards have...
Hey guys, not sure if this is the right kind of forum to ask this question, but here goes. In 2015 we went through a personal tragedy and we were forced to use credit cards to deal with it. It's three years later and ...
Hello everyone! Im a new RE investor and currently seeking some advice on how i can proceed with a current situation!I currently own a primary residence (3 family) with an FHA loan, and a single family (investment p...
Hello BiggerPocket’s Guru’s,
First off, thank you so much for taking a second to read this post! It is with a heavy heart that I am in a bind. Pretty much grasping and looking for a Situation Assessment from the kin...
I am wanting to start rei and I find myself with poor 600fico. I just had some hard times with my mortgage but got that back on track and now want to be ready to buy more properties in the next year or so. I say a yea...