William S.
Will using credit cards hurt my Refi on BRRRR?
I’m looking to achieve my first BRRRR this year.In order to do so I will be buying the home with 25% down using my own cash and using private money and opening up credit cards to help with the rehab.The credit cards a...
Ben Kirchner
HELOC repayment on adjustable interest rate?
I'm looking into taking out a HELOC for a future investment. I understand the HELOC fixed rate repayment (just like a mortgage). What I'm not sure I understand is the HELOC repayment process on a variable interest r...
Michael Czepil
Building Credit Score
Hi guys,
Just looking for some advice on good avenues to raise my credit score. I am a foreigner living in the States and only established credit three years ago when I purchased a new car with financing. In addit...
Jonathan Pflueger
Will a HELOC affect my DTI if I have a Zero balance?
BP's, I am looking into getting a HELOC on my primary residence and I was wondering if it will effect my DTI ratio when I go and apply for a conventional or commercial loan in the near future? For instance: If I get a...
Dominick V. Anderson I
Mortgage lenders for lower scores
Hello all, I’m curious does anyone know of any lenders (banks, mortgage companies etc) that will offer a loan to an individual with poor credit? She has great income and very little debt to income, but is around a 550...
Zachary Scott
Building Good Credit
Hello, I'm 18 and will be going to get my first credit card in the next year or two. But I would like to ask some experts on how to build credit the right way. My parents are telling me to keep a $100 balance and pay ...
Janice R.
Applicant with Deferred Student Loans
Hi all,I have an applicant that I'm on the fence with - satisfactory income, good references and low debt. But she has a balance of 50K of deferred student loans dating to 2002, so I can't decide if this is going to ...
Danny Sok
Separating Personal and Business
Hi guys, so I’m fully renting out my first multi family property and now I’m living in my second multi family property (house hacking). I have separate checking and saving from my personal life which comes from 9-5 da...
Dan Mata
Need help transferring 100k in credit cards into cash for real estate investing?
Hello, recently acquired 100k in business credit cards for my corporation from a number of banks. Interested in feedback on how to turn 40k into liquid cash to purchase real estate..the credit card companies gave me ...
Nhia Yang
Need help financing with poor credit score
Hi BP, I want to ask the experts on how to creatively finance my first property --- if you guys think I should do it now, or wait. First, my boyfriend and I found a quadruplex (1 unit is available, the others curren...