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Results (7492)
George Willaman 18 y/o (no credit) looking to get into real-estate
7 June 2021 | 5 replies

Hey all,I haven't been a registered member of BiggerPockets too long but have been reading it's content and learning about real estate for some time now.I'm 18 (just graduated) and run my own business/data-brokerage o...

Obdia Whitmore Need help or advice on my Cash-out-refi
20 January 2018 | 5 replies

Hi BP family,I have an issue that I need some advice and possibly help on. I recently rehabbed a three unit in Chicago.My plan was to do the BRRRR method, but my credit score dropped tremendously due to me using my cr...

Moncy Samuel Mortgage help on a duplex
25 November 2017 | 9 replies

Have a duplex property under contract looking to close. After 25% down, the loan is less than 75k.

Need advise on lenders who are reasonable. I already have 4 loans and finances are in pretty good shape with good cr...

Shawn L. Is a HELOC possible for a person with credit issues?
1 May 2019 | 2 replies

I've read that a score of at least 620 is desirable, sadly mine is slightly less than that. I also don't have strong income at the moment. So you're probably thinking why am I even posing this question. What I'm hopin...

Gloria C. Bank forebearance-any updates more thoughts?
26 April 2020 | 3 replies

Now that we’ve been in this crisis for weeks is there any new thoughts on if mortgage forebearance is actually a good strategy or if the risk of future implications is too risky if you’ll be trying to get loans in fut...

Renee Lee Tax’s vs Equity - would it hurt to much?
31 October 2019 | 3 replies

My questions stem from velocity banking...1. I know there is a tax deduction for writing off the interest on an investment property is it dollar for dollar?2. Let’s say, an investment property has a mortgage and ...

Timothy Ryan Please Help, Formulating a Creative Finance Gameplan to help Personal Finance
16 July 2015 | 8 replies

I own a home valued at 400k with 230k on a 30 year fixed FHA.  Our debt to income ratio is too high due to student loans and a few credit cards hence the FHA.  Also my credit score is not great right now due to some l...

Mark Beekman Opening Home Equity Line of Credit Good for My FICO?
5 October 2010 | 5 replies

I have a current FICO of around 740. I have a consolidation loan with a $9,000 balance, a car lease, and two credit cards. I realize that opening a new line of credit hurts your FICO in the short term, but I'm wonderi...

Melissa Dwiggins Is my loan rate too high?
2 June 2019 | 6 replies

My husband and I are currently under contract on our second buy and hold investment property. The purchase price is $68,000 and we are using a conventional loan with 20-25%. The rate we have been given is 5.8%. Lender...

DeMario Drummond Looking to finance two new properties, how would you proceed?
31 August 2020 | 0 replies

I have two new properties that I need cash for to speed up the rehab needed. I have two other properties paid off, but due to Covid, only one is actually cash flowing. I'm bring in about 10k a month from W2, my credit...