I was reading the tenant screening guide provided by BP, WOW it is full with some great information. Assuming the prospective tenant income is 3x rent, no evictions, and good references, do any of you also set a mi...
i have recently subscribed to a HUGE bank in america credit monitoring service. The one thing i do NOT like about this service is they do not update your credit scores. Does anyone know of a service that will mon...
Just got turned down by a mortgage Lender on a refinance I was trying to do. Said my Credit Score (Middle Score) was 619 and their underwriters needs was a 620 Score. I Checked my FICO and it was 640. Anybody know ...
Is the Fico score 2 (mortgage score) or score 8 used to get pre-approved for an investment mortgage loan?
Hey all! This will be my 1st BP convo. I searched the topic, but most recent that came up was from 2016. How much of a stickler are you about a renter’s credit score these days? Our property is probably in a B or C ne...
I am looking for a rental property to invest in and i did my research and found a foreclosure. Well after looking at all the numbers it seem like a good deal for a beginner. However i needed to get approved for a loan...
Recently my spouse has had her credit pulled twice. The first time her credit score came back an 863 and the second time an 858. Both claimed to be FICO scores. I have always been under the impression that the range f...
Hello everyone, I am set to close on my first rental property on Monday (fingers crossed it all goes well but it is conventional financing and not a short sale or foreclosure so there shouldn't be any surprises). Th...
What is a general credit score I should have for my tenants to qualify for a rental property?
So I always thrived on having good credit.. I use credit karma and I go to the major company sites to view my score. I applied for a mortgage for SOFI they sent me a letter with my credit score got sent. My credit s...