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New credit report rules require 30 months of payment history
Just saw this story here: http://bit.ly/2d6Px2RThe gist of it is that beginning tomorrow Saturday 9/24/16 lenders will now consider a mortgage applicant's payment history over 30 months to determine their credit worth...
Kevin Ferris
Screening Tenants in Phoenix, AZ
This is just our second rental property, but I'm having a hard time finding qualified tenants. Am I setting my standards too high?2000 sqft house, 3bds, 2.5 bath with a community pool, nice North Phoenix neighborhood...
Weng L.
Does down payment from line of credit need to be seasoned?
Does conventional loan lender allow you to withdraw money from personal line of credit or heloc as down payment of investment property ? or it has to be seasoned? Thanks
Menyy M Mosii
Need SERIOUS Help! HiGH EQUiTY Opportunity. To Buy Or Wholesale?
Grandpa Died 2018 Left This Really Beat Up Brownstone To My Mom & His Sister. The(Pre Covid-19) ARV=$2.6-3M. My Problem Is They Are Both Financially Illiterate & Extremely Stubborn. The House Is In Terrible Sh...
Charles Seaman
ProSource Tax Liens - Good, Bad, or Indifferent?
Hey guys! I'm just curious if anybody has purchased any of the courses offered by ProSource Tax Liens. I attended one of their free events and am thinking about buying their 3-day course, as it supposedly includes a...
Daniel Quezada
Winning the Property Wars with Doug Hopkins-Seminar Disgrace
2-3 weeks ago i attended a Free Seminar- Winning the property wars with doug hopkins (he wasn't there). Im so Eager to start a Career in Real Estate investing so i thought there was no loss in coming. I would give it ...
Anna Catron
Fort Worth, Texas, SFR-BRRRR!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $130,000
Cash invested: $10,000
SFR 3/2, 1600SF, 1/2 ACRE LOT. 1953 home in fairly decent condition. We house hacke...
Eric Jones
Signed contract as proof of income
I have a prospective tenant that says they have accepted a new job that will allow them to meet the minimum standard set for monthly income, but they are waiting on the company to officially send the contract to be si...
Bennie D. Cooper
What are equity partners looking for in a partner?
Hi all!I have been wanting to get into Real Estate investing ever since I was a young adult and I had it in my head that I needed to be rich first in order to get started. I recently rediscovered the idea of Equity pa...
Damien C.
HELOC & credit score
Hi folks. I have a HELOC in place, and I'll likely tap that line sooner or later. Just wondering if anybody here has noticed a negative fluctuation in his or her credit score as a result of establishing a HELOC and/or...