How Important is an Applicants Credit Score in Applying for One of Your Properties?

I just got a quote from a conventional lender for 7.75% with a 2.5 point buy down.When I asked what would be the rate without a point buy down, they said: " There are no par (rates with no point cost) rates for invest...

I am working on getting my first rental property rented out. I read Brandon's "The Book on Managing Rental Properties" and am requiring at least a 600 credit score. My question is, do you typically require that every ...

We have an application for one of our apartments with 2 tenants. Our minimum requirement for credit score is 580. 1 of the applicants credit score is 558 (this person makes majority of the income) and the 2nd person h...

Hi BP pros,
Is it ok to let a renter rent my house if her credit score is 501? I am new and starting my first rental property. Your response is much appreciated.
Sincerely,
Van

Is it legal to have a sliding scale credit score requirement that is dependent on the tenants out of pocket if you are accepting section 8?  For example if full rent is $1600, your min score is 625 but if your out of ...

Hello! I am running some numbers on potentially cash-out refinancing a rental house. Is the rate usually the same as an investment property loan? Or is it higher? 
Thanks!
AZ

Hello,

My dad friend has two rental properties free and clear. If he wants to do cash out refinance, his income is social security and rental income for those properties can he still get 75% loan for each property wi...

I checked out my trans-union report, and it said that like a measly $7,000 in sallie mae loans that I took out a few years ago are utilizing 48% of my revolving credit. Isn't that going to hurt me when it comes time t...

First time landlord working with a property manager to rent a large, very clean, single family home in a Los Angeles suburb. What are acceptable tenant credit scores and requirements for cash reserves?  I see that my ...