Dave Row
HELOCs > $35K and FICO impact
Hi, I’ve read elsewhere (still looking for link) where FICO treats HELOC amounts > $35K more favorably than lesser amounts. IIRC, this has to do with calculating how the HELOC amount factors into your debt service...
Jim Webster
800+ Credit Score but Only Qualify for Low Loan Amount.
My wife and I both have 800+ credit scores (thanks Dave Ramsey). No debt besides a mortgage for less than 50% of our $300+K primary residence. (Thank again Dave) $90K combined income. Recently caught the REI bug a...
Nick Garofalo
no credit to 750 credit score with 100k credit limit in 2 years!
I went from no credit with 2000$ available credit to a 750 credit score with 100k available credit in 2 years. I started 2 years ago with no credit and having a hard time getting 2 1000$ credit cards from my 2 banks. ...
Tyler McLeod
Getting Started Financing with No Credit
First of all, I'm 21 years old in Birmingham, AL, about to graduate college, and I have no debt. I also don't have any credit built yet. How can I start? I've heard of people "piggy-backing" off their parents' credit ...
Taz McDole
what can i do
Members looking for some help. I own my house free and clear want to use it to buy rentals and flips. I cant get banks to lend on it. A little background i lost my job in 2009 and have 3 derogatory marks on credit bec...
Roberta Marcos Marcos
Refinance without Spouse
My husband and I are in the process of closing on our first investment property (but it is only under my name). We want to refinance our primary residence at the same time (under both our names). However the lender ha...
Paul Bloomfield
Seling to get out of debt and finsih Duplex
what advise woud you give me on the following senario.I’m in a mountain of debt, 2 credit cards max out totaling $38K and owing financial institute. My wife Credit card is also max out. The reason I have these depts w...
William Johnny
Pay off debt first or invest first
I’m 22 and have a 16k balance im tuition that i need to pay. I’m currently paying 250-500 a month because that’s what I can afford right now. I want to invest in real estate by using the BRRRR method. The thing is I w...
Monique Burns
new investor need help with credit scores
any advice will help...my hurdle is need 620 credit score....have 610....dontknow what else to do to get points up...opened a credit acct....frustrated....just refi'd on primary house FHA....so now conventional requir...
Travis Billings
Pay off personal debt before jumping into REI?
Hello BP!!
This is my first post. I've become interested in real estate after talking with a friend about how to get more cash flow. I've been reading many posts and listening to podcasts daily on BP. My goal is to ...