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Basel III requires bank lenders to hold greater reserves. What does this mean to you as investor? Price increases. The cost to carry cash for banks to appear solvent will be passed on to you as a consumer. The interes...
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Hello all, my husband and I are planning to buy our first flip in 2016. We are new to bigger pockets and are loving all of the amazing advice and community tips! I've previously been in the mortgage industry and have ...
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I ran a credit report on a potential tenant and it came back with score of 508. He has a bunch of collections - 8 medical, 1 charter communication and 2 student loans. On the other side, he has a good job, good income...
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As a real estate investor I am always curious about lending trends/debt trends in different sectors. Lenders and economists alike are speculating about the threats of "phantom debt." This debt type would throw econom...
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I have an applicant I am considering conditionally approving due to a bad credit score. The condition is a higher security deposit. I know I have to send an Adverse Action notice, but I imagine the applicant will ask ...
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I requested mortgage assistance through Chase due to the uncertainty of coronavirus back in April. I have made all payments on time but "deferred payments" were reported to the credit bureaus; I found out because I'm ...
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Has anyone got experience in using the cash advance as a downpayment, and repaying the loan from the cash flow? Has this been effective? What are some risks (aside from the high interest rate on repayment)?thanks !
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Investing into Real Estate the last 2 years has been the BEST rollercoaster ever. A literal rollercoaster, but after 2 years I can say Real Estate has allowed me to achieve paying off 80k in consumer debt/ credit card...
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I am about to have my first rental property. What are some of the tools/tips to screen for quality new tenants? Also on one of the bigger pocket episode, I heard a discussion regarding an app that allows for marketing...
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Need Advice from Experienced Investors!
I’m still new to real estate, so my knowledge might not be perfect—please be mindful!
We’re debating whether we should sell our rental property to pay off all our debts. Rig...