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Lenders...I have a question about how you all calculate Debt-To-Income so I can work backwards and determine how much income someone would need to qualify for a loan.We are writing some software to model real estate p...
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I am a part owner of an LLC that owns 2 fourplexes that are in need of new roofs. I do not have the cash on hand to pay for the roofs. We have relied on my partners credit in the past to obtain financing but due to ...
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What else can I do to improve credit?I let my credit slip slide away. I am now scoring 630 with a repo for a truck on my credit. Here is what I am doing:I have monitoring set up.Got a BOA secured card. Which led me to...
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Hello Friends given the importance of credit in the journey to acquire wealth and especially for the new members and every one else that might not have great credit. How about again we share the strategies that we hav...
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Hoping to get some investment advice from this great community!
My partner and I own two properties: an older two-family fixer upper that we renovated and lived in rent free for many years, and a new single-family h...
Newbie here.Prospective tenant. Credit Score is about 650 for each of the couple. 90k revolving credit card debt..with utilization > 95%.However rental history is good. Tc about 220k.
I have a credit score issue. I bought 7 rental houses last year and my debt is nearing 1 million. I’m not worried as my rent margins are double or near double the mortgages. All these hard inquiries and debt have drop...
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Cross posted*I am in a unique situation and would like to know what you would do.A little back story- My husband and I were in the beginning stages of building a new primary residence. My aunt filed for divorce, knew ...
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Figured I'd say hi since I have been reading a lot of topics here since yesterday. I've learned a bit so far but have a lot of learning left before I buy something. My biggest hurdle is going to be financing the fir...
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I will try to make this as brief as possible but it gets a little complicated. After years of being underwater in my home i can finally get out without bringing money to closing.My wife and I want to downsize and move...