Looking for help or to be pointed in the right direction. My brother, my wife and myself want to purchase a multi family in the next year or so. I have decent credit, my brother has great credit and my wife has terrib...
When underwriting a commercial property, what is an example of bad debt and what is an example of credit loss (how does this differ from vacancy loss)?Thanks
Do other BP landlords pay attention to debt to income ratio of their prospective tenants? Say, really bad credit, but all past financial obligations paid off, and no loans, no car notes, no credit card debt, no debt, ...
So Im wanting to buy a couple investment properties in Memphis. Credit score is 570-580. I have 50K liquid and about 30k in HELOC. I have a cosigner with score of 750. Any creative suggestions or am I looking at hard...
How many of you out there use a Credit card for your investing BIZ or personal life? My wife and I don't use them because of the Dave Ramsey movement, but now that we are doing well with money I might consider it? wh...
Hi all. I was wondering if you could give me some advice on what I can do in my situation. I've rehabbed a home in Fort Smith AR and currently have it on the market. My credit score is shot due to falling behind on di...
My father and I would like to purchase our first property together(for a flip/maybe a BRRRR) but he has bad credit. My initial thought was to use an FHA loan but his debt to income ratio isn’t the best as well. My sec...
HI,Through a series of cirumstances I have low credit and cash at this time and own some rentals (with mortgages) How do I find a lender that can work with this in a relatively reasonable interest rate (< 7%?) Is...
Hi BP... Is it possible to complete the BRRRR strategy with bad credit? In particular, the refinancing component when transitioning from the hard money for loan into the longer permanent loan. If it's possible to get ...
I own my house for about 360k and it’s worth near 1 million. I have found my self in a terrible financial situation. My credit is around 500 and I am behind on my house payment. However, I have started a great new car...