I know what the differences are with last month's rent vs security deposit. But I've heard some other investors say they use last month's rent for the sole purpose of not having to place a security deposit in a trust...
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I have a potential tenant that will require a cosigner. She has a friend who has agreed to this. I realize that I must screen the cosigner fully and include them on the lease. Are there any other caveats that I need t...
29 yr old Male, made a lot of poor decisions now trying to turn things around. I don't have the money for a down payment, credit score is right under 600 and I don't know what seperate good real estate from great real...
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Hello guys and gals! I'm new on bp and in the investing world so bear w/ me but I figured I have to start somewhere! Lately I've been vesting hardcore in doing my homework in this amazing game of real estate investing...
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- Credit Checks are a major deciding factor? - Have you ever had success without running a credit check? - Great applicant, with poor credit, that’s the only issue, would you take a chance on him?
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I have a new LLC. My personal credit is "poor". So I was advised to start a company to seperate my personal credit. from my business credit. is this the best way? how do I get business funding to acquire property????
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Hi Bigger Pockets Community, my name is Dewayne and I am focused on being a real estate investor. I currently work 60+ hours as a truck driver so I am always listening to audio books and listening to every Bigger Pock...
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we put a minimum credit requirement of a 650 score along with 3 times the rent etc etc . here is the feedback we received :Sorry, I am a great tenant and I do not agree nor believe my credit score should be considere...
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Hi, my names Robert and for the past year in my off time I've been studying everything i can to get started on investing in real estate. I want to begin with maybe a buy and hold/rent or a small house flip just to bre...
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Does anyone have any recommendations on a lender that will do a HELOC on a rental property? I have a property I own outright in the Cleveland, OH area and would like to set up a HELOC on. I've called several banks and...