Christian Beebe
Need advice/help on gaining either credit line versus credit card
Question for those of you who know,We currently use several credit cards (to of course gain points) for our apartment properties, which we spend over $150k a year or more on. Sometimes we aren't able to pay the balan...
Sami Gren
how do you go about credit scores etc. low credit market
there are some places where i get inquiries for apartments, where 99% of the people have credit scores in the 500s, how do you go about this?
Erica Bryant
How do you get credit disputes off of your credit report ?
I am in the process of applying for a conventional loan on a multi family. However The mortgage company isn’t concerned about my credit score but rather they are concerned about old items I disputed on my credit repo...
Samson Kay
1031 Exchange with a seller credit, is the seller credit taxable?
Anyone ever do a 1031 Exchange with a seller credit before? I have an accepted offer on a property where i will put 20% down on the deal and at close the seller will credit me back 10% of the deal. So in essense will ...
Brilliant Clayton
Bad Credit, High Income & Good Credit Low Income Joint Venture???
Another Newbie QuestionIs it possible for a person that has bad credit with high income and an individual that has good credit with low income to enter into a joint venture to obtain loans for investing? How would tha...
Timur Abdullin
Mortgage Pre-Approval & Effect on Credit History & Credit Score
Hello Everyone:
The Problem:
Please clarify the following in addition to providing an in-depth explanation and examples: Does requesting a pre-approval (PA) from a bank or a mortgage broker or a web site result in a...
Lucas Hammer
Higher offer with higher credit or lower offer with lower credit?
So I'm putting in an offer on a place in the morning and I think it's a little overpriced because I plan on putting some work into it. The thing I'm debating is whether I should ask for more credit since the cash will...
Fraidy Deutsch
Credit unions that do lines of credit on investment properties NY
I have a commercial property 5+ units that I have forced appreciation significantly since I purchased it in 2016. I am now looking to pull my equity (around 250K) and invest it in a new property. The reason I am not l...
Joseph Mattucci
FHA loan with fair credit vs. fixing credit and conventional loan
I am currently in the process of looking for my best loan option as a first time real estate investor. I have poor to fair credit that I have been steadily improving in the range of 615-625 depending on what score you...
Logan M.
Vetting Felons, Drug Addicts, Sex Offenders and Poor Credit/No Credit
It is inevitable that when you are in the MHP/Affordable Housing space you will have applicants who are Felons, Drug Addicts, Sex Offenders and have poor credit.Here is how I handle each of them:Felonies: It depends o...