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Forgive this completely noob question, but my husband and I will likely try to finance our first property the uncreative way with a conventional loan.Does anyone know what a lender is likely to require regarding down ...
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I understand the 3x income requirement rule plus background check, but do you landlords require/advertise a min. credit score? Property should gross about $1700/month in CT. Thanks!
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Hi,
What seems to not be mentioned often is exactly what hard money lenders want when presenting the deal to them and what that turn around time is.
Context- Where im looking properties that are good deals move fa...
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Just curious as to what happens to one's credit score after obtaining financing for REI? What can one expect after the first loan? And second, and third, etc? Let's assume all payments are made on time.
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Credit score doesn't really matter, when renting in the HOODS, or urban centers in lower income...With that being said, What is your clear cut criteria for C class and D class units? - No violent felonies - No more th...
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Hey Guys I was curious if anyone had a ballpark minimum credit score for Real Estate Investing. I am in the process of rebuilding my credit and wanted to know what score to aim for while re-building my credit. Also...
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Hello BP!Any recommendations on where to apply for a HELOC? I currently have a rental Condo with 232k owed but valued at 400k+ in CA.Looking for a rehab rental properties in AR/TN and want to use a HELOC for rehab cos...
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Question for you all to see what makes more sense to do right now.Debt: I have $15k in credit card debt that has an interest rates of 10-16% depending on the card. Minimum monthly is $350 but I usually put a little ex...
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So I recently had my only tenant give notice, and am about to start the search for a new one. Just wanted to poll BP for what minimum FICO scores you require for applicants, I know this can be area specific, the prope...
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Used RentPrep new tenant has Resident score of 528. What do you guys think? Should I or not rent my apt ?