Stephanie Soltero
Credit Report/Tenant Screening
I've received an application from a tenant and I'm confused about the credit report. They have no credit used, no monthly payments, and no debt. They filed bankruptcy 5 years ago however their credit score is >700....
Will Foster
How to get a Line of Credit?
Last night I listened to BP Podcast 311 with J. Scott. He and the local Real Estate Investor Group I go to both have mentioned that now is the time to begin to open up Lines of Credit. Their reasoning is, because when...
Account Closed
difficulties getting hard money loans
Hey guys so i recently heard that it is easier for individuals to get hard money loans when they have verifiable income from a job and its kind of tougher to get hard money loans if you are self employed. Is this tru...
Ethen Royal
Reporting evictions on a tenants credit report
I am in the process of evicting someone, but I am unsure how to report the eviction on the credit report along with money owed. After the initial eviction from the court they do not have the SSN of the tenant to repor...
David Roberts
HeLOC Question
My girlfriend and I bought a home in 2010. We now have at least 100k equity in it. My girlfriend has the mortgage in her name and I was quit claim deeded to the house. Can I get a HELOC on this house? I assume I c...
Bradyn Melser
How to keep going when you hit your DTI (Debt To Income) limit?
Hey community. I've been investing for a little while in rentals. I've done a couple methods (including the BRRR). I now have 4 cash flowing rentals and am loving investing, but I have a problem. I hit my DTI with the...
Patrick Owens
Kabbage - Business Lending
Since creating an LLC, I have been receiving emails from Kabbage. I don't think real estate is their normal business (they may think I own a brick-and-mortar store). Has anyone tried using this lending company?
Justin Reyes
What are the qualifications to use Hard Money?
Hello I’m looking to purchase a home that’s a great deal but I’m worried that I don’t have enough capital to do the rehab. What are the qualifications to use hard money? How long does it take to receive the money? Do ...
Mike Snyder
Private Money terms for 4-plex in FL?
Can I get an idea of terms people have out there for lending on small multi-family properties in south FL? What I am hearing locally is a little high (interest and points), so I'd like to know what others have seen. L...
Stephanie Gledhill
Who is doing Heloc's on Investment Properties
I can't find anyone who will do a Heloc on my SFR investment property in Franklin, TN. Any one know who can do this?I found Third Fed Credit Union with a great rate prime - 1.01 = 2.24% for balance over $50K.I have a ...