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BP folks - Need some advice here on a pre foreclosure deal. The owner's house is set for auction in a few weeks and I'm their last hope of keeping a foreclosure off their credit. They owe 150k. I'm planning on bringin...
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Hello,
My prospective tenant found to have "Offense 1" criminal record, while he has a job in a well known reputable company in Santa Clara county, California, he and his friends are applying for our four bed...
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Hey BP!
I got rejected from my credit union because I said that I was using my HELOC for investments. Should I just say home improvements or what? Were is the best place to get a 90%LTV loan thats interest only? We ...
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The tenant who I tried to evict but declared Chapter 13 is leaving! Though I will likely lose 5K, as I doubt that she will meet her bankruptcy obligations, I am very happy. NEVER lower your screening standards...EVER!
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Hi Bigger Pockets. I have a question regarding assistance animals under the Fair Housing Act. We are advertising our rental property and just received an inquiry from someone with a service animal. Our policy is no...
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Hi everyone,
Real quick question about financing with a traditional mortgage. If I go to a bank, and tell a loan officer that my general plan is to buy a buy and hold investment property and I want to know approx how...
Hey all,
New landlord here. I recently got someone looking to rent my unit. Unfortunately, this individual has less than standard credit score (close to 500). Also has outstanding collections on some credit cards....
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Here is something interesting. Perhaps, relying on the credit reports may not be a great tool after all. time.com/4288093/john-oliver-credit-reports-last-week-tonight/?xid=time_socialflow_facebookJohn Oliver makes a ...
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I have an applicant I am considering conditionally approving due to a bad credit score. The condition is a higher security deposit. I know I have to send an Adverse Action notice, but I imagine the applicant will ask ...
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I got a tenant application today where the girl came to see the property and is interested to rent it. Her fiancé is right now out of town and could be back after about 20 days she said. She is supposed to be student....