If I have multiple qualified tenants that meet my minimum requirements and choose the one that best fits. When I write the other tenants a denial letter do I state that I had multiple applications and the property was...
Hi there! I am super new to this world, but incredibly exited to start! I have some cash saved up, no credit cards, no good or bad debt, a low credit score as im starting to build it with a secured card, and my job pa...
I had sterling credit until 1-1/2 yrs ago when I had to claim bankruptcy. I really have little to no money to work with. Is there any way I can get into the real estate market in this situation?
In the process of converting my primary residence into a rental property and thinking of the repair items that will make the property most appealing to tenants. A personal peeve of mine are the original hardwood floor...
I listed my rental property on Zillow and received a completed application from a prospective tenant who's credit score is 524. Rent for the property is $1600 per month and per the credit report, tenant has a total de...
I’m at a total lost right now! l was just told I would have to pay 23k to refinance a portfolio rehab loan on two properties. they are only lending 70% LTV, my rental rates are $1785 and $1985, but the market rents in...
I made a classic newbie/lazy mistake - I got a preapproval letter from one highly recommended mortgage broker, but then neglected to shop around. Now I'm out of the 14-day grace period during which multiple pulls won'...
Hi folks,I have a pretty decent credit score and want to keep it that way! But I have a question about that.My mortgage payment is due on the first of the month and I set up my checking to pay it automatically. My em...
Having gone without credit cards for the past 5 years - following a bankruptcy - I need to obtain a couple credit cards in order to facilitate bidding on foreclosure auctions. According to Credit Karma my credit scor...
Hello BP people!I have been completing research to get into real estate investing. I was originally looking to buy my first home within this year and then discovered BP, some podcasts, and the house hacking method for...