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Hi, I am a newbie trying to fill my first rental and am unsure about what to do about this situation. I had a woman inquire about the rental. Here are the facts.-It would be the applicant, her husband, her two kids (a...
So we are I the process of screening tenants and some if it is mind boggling. What is a good credit score for a possible renter. Tenants have sent over their applications through Zillow is this an accurate score? This...
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Hi BP friends!
Can one of you, investor gurus, tell me what is wrong with my ad? I post it with Postlets and Craigslist. It's been about 40 days and I only got 2 calls. The property is in Houston Texas 77035
Here is a...
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Hey Lender Friends,
Do you specifically know which version of the FICO score you use for qualification? — i.e. FICO score 5, FICO score 8 etc. — Is it typical for a lender to know or not know which one they use?
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Hi fellow BP'ers! I have been a lurker here for quite a while and decided I would jump in and get my feet wet! I am a newer RE agent here in Colorado (2014) and have been wanting to invest in rentals. I currently do n...
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I'm listed as an authorized user on a few of my parents' credit cards. My plan is to buy my first investment property in about 18 months and i'm trying to get my credit score as high as possible during this time. Thei...
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Hello BPIn Wisconsin the law explains that if a landlord charges an applicant a fee to check their credit then it cannot be more than 20 dollars. I will be putting out applications for the first time next week... So ...
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Hi everyone,i am in process to list my property as a rental. this is my first rental and what to know what types of questions are ok to ask in pre-screening questionnaire. It is ok to ask about prior eviction history ...
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I've been asked to buy someones house who may lose to bank due to divorce. They want me to buy and lease to them for a year to rebuild credit and sell back to them. Looking for ideas to structure this as well as cos...
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Hi BP audience,
My name is Jason and I purchased a duplex near Fort Hood following deployment in 2011 for $130k. Since purchasing the place I have replaced/updated so much that the house is virtually on cruise control...