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Please help. Wondering if anyone can suggest how I can get out of my hard money while currently my credit is very low. (Please assist & advise) I don’t want to sell.
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Just wanted to start a conversation about strategies for dealing with potential renters who have poor credit, a bankruptcy and several delinquent accounts. For example right now, I have a potential renter who is in he...
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Hello Friends of BiggerPockets,I have a deal that I was going to use a small community bank to fund the purchase price and rehab. I made a late payment on my student loans and it dropped my credit score below their re...
My credit is bad so I need to get creative and curious what people did in similar situations
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How do you maintain a minimum credit requirement for tenant applicants applying to the same unit (IE a SFH)? Do you require that everyone applying individually meet the requirements of the limit, or do you average th...
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Ive flipped the switch and ready to take off. My credit score is 548. How do I get past the Credit Score Monster?Tracy in Austell GA
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My first property is in escrow and I'm trying to get ready to evaluate applicants. I want to have a full set of standards before I start evaluating applicants that way I can prove I used the same qualifications for ev...
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I have 1 property which rents for an above avg $1275/mo, SFH, tenant pays all utilities, yardcare, etc. We did a full reno 3+ years ago and have a mtg so cash flow is only about $450/mo. So far we have had 3 tenants...
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Hi everybody, I'm a newbie looked to purchase my first rental property with a conventional loan. I applied with a few lenders and they pulled my credit score. Both commented that I had an excellent score, in the high ...
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We own in a triplex where the rent is $500-600/mo. Should we stick the standard in The Book on Managing Rental Properties? What credit score do you use as the qualification threshold?