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Hey BP! I am new here and loving all the wonderful information. I am struggling to figure out if creative financing could be an option for me to fund my first investment. I currently have a 430 credit score and studen...
Hello BP!I am getting my educational foundation set at the moment, so apologies if this question comes off as amateurish. I also realize this question has been asked here multiple times (I read the threads) but this q...
I have a potential tenant both are in mid 500 credit score, but they can pay 3 months deposit and 3 months advance. Should I accept this?
Thanks
Tony
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Looking to all of you (the experts) to find out how I can successfully carry mortages on multiple properties without impacting my credit score. I have one conventional mortage on my STR and just starting drawing on ...
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Here's a question for anyone who works in lending (and a cautionary tale for those just getting into RE.
I own 4 properties, all 4 of them are on my credit report. All 4 are rented out and cash flow positive.
I ha...
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We are currently accepting applications on a rental and just received an application from a couple with really low credit scores, along with one of the individuals having an account in collections. They viewed the pr...
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Has anybody used their entire HELOC allotment toward a property purchase? If so, did maxing out a line of credit tank your credit score just like maxing out a credit card could? I have 4 properties now so I rely on DS...
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I'm looking to rent out my first place. It's a nice house in an up and coming C neighborhood, so I'm not expecting perfect tenants. I met an engaged couple today in their mid twenties, I got a good feeling about the...
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Hi BP!
I want to get your opinion.
Summary:
California, Small commercial unit
3 people want to open up a retail business, but all 3 have bad credit scores (high 500's).
They are willing to put all three names down...
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Hello - I’m new here. I am 50 years old, working full time, have great credit, and a total savings of $20k. I live in Portland Oregon, have done a lot of research on cost of living in other areas, and want to reloca...