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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 ...
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I found this property on Zillow and think it has potential for MTR or LTR as it is right by the hospital. However, I am totally out of my league understanding the possibilities of an MTR. Property near Hopsital in gre...
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I have bad credit; some old medical bills, one bad credit card and some student loans as well. My credit is shot for now, and I have been slowly repairing it and paying things off, but no bankruptcies.
I am...
Hi Folks,This is my first actual post on BP in 2 years even though I read other posts daily.With two year anniversary of my first rental purchase coming up I'm reaching out to BP community regarding your experience/re...
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I was wondering if there was a definitive article/blog/forum post that summed up the exact process for creating a seller finance deal. I've searched the forums and there are a number of "Pro/Con" type articles but...
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(typo, I meant bad not bed credit... the system won't let me edit the title afterwards, :p )Dear friends, I have an applicant for my rental property. Everything seems ok. The applicant has a stable job (UPS for 27 y...
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Hello BP, was just listening to Williamson Moore's webinar on Rental Arbitrage and was wondering who else is out there doing this strategy?
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Hello All,
I am looking into purchasing my first investment property in a C+ / B- neighborhood in Richmond, VA. In addition to checking income, employment verification, criminal background and the tenant’s rental hi...
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Hey guys, I own 3 bedroom townhome and rent the rooms out individually. I had been living there up until Dec. and had always had 1 or 2 roommates living with me at any given time for the past 6 years. I've had my shar...
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Suppose I have $1,000,000 loaned to a dentist to finance his medical equipment (decent credit background). The payments are due monthly over 5 years (60 months). The monthly payment is $21,247.04 for the life of th...