Bradley Lewis
Rental Qualifications Too Strict????
Could I get some feedback on my qualifications for my SFH? Are they too strict? I am in the east region of Dallas. Thank you!Income must be 3x the rent. Credit score must be a minimum of 680. No evictions, bankruptci...
Kathryn Maslanka
Denying applicants on Zillow
Hi, newbie landlord here. I'm using Zillow's rental manager and so far it has been very helpful. I just got an application from someone who didn't meet the credit score requirement. It is my understanding, that for ev...
Steven Chavers
What about Application Fees?
Hey BP friends! My wife and I are getting ready to put one of our units up for rent for the first time. We are looking into the screening process and realized we could/should charge an application fee. We have reserva...
Paige Hutchinson
Any negatives to buying on a credit line and then doing a re-fi?
I have come across 2 duplexes and a triplex that we are interested in. I was thinking if we buy them on our credit line, then after 6-12 months (whatever the lender requires as ownership time), re-fi to remove from o...
Demari Williams
possible to get a loan for real estate investing starting out
This was recently on my mind lately about real estate investing I’m currently learning the ropes about real estate investing, I’ve been watching some videos about how to get started but some of the information seem to...
Jack Lee
Hard Money Interest if you have great credit?
Hey guys,
What are the hard money interest rates for a SFR if you have like a 785 credit and good professional job and income?
What are the rates for different balloon times?
N/A N/A
Looking to buy rehab 1st time buyer need advice
Hi I am looking to buy a bank owned property that needs work. My question is if i purchase the property with a first time buyer loan how will I get the money to repair it any advice appreciated.
Alex Hamilton
Required Credit Scores
Just got turned down by a mortgage Lender on a refinance I was trying to do. Said my Credit Score (Middle Score) was 619 and their underwriters needs was a 620 Score. I Checked my FICO and it was 640. Anybody know ...
Jason Nguyen
HELOC on an investment property (Multifamily)
Looking to pull out a HELOC on an investment property. I know most places don't do HELOC on investment but I heard people were able to pull a HELOC on their rental units before. Let me know if you know anyone in Atlan...
Jake LaRoche
To buy now? or after me and my partner have a good foundation.
heres a loaded question that i felt like made sense to put in the Lending category. me and my father are partnering up to build a large real estate portfolio. full transparency I'm sitting at about a 590- 600 credit s...