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Hey All,What's your thoughts on a minimum credit score for tenants?The 3 bed 1 bath SFH we have available for rent has a credit score minimum of 600. So far from speaking 20+ applicants the credit score issue seems to...
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Currently, US residential homeowner equity is high, and foreclosure numbers are low. At the same time, there's a rise in unsecured consumer debt such as debt consolidation loans, credit cards, and retail accounts. I'm...
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I currently have been working as much as I can and am paying off 14,000 of credit cards. Dumb decisions but that is the situation. I am 26. Making just about 32000 a year. Would you pay off all debt before investing? ...
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Hi,
So I’m new to flipping houses and getting good deals in real estate, and honestly investing in general. I’m joining the forum today for two reasons 1 I’ve been listening to the podcasts for a long time and love t...
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HAPPY FRIDAY BP!!! I've been a homeowner for 6+ years and had finally decided to get into REI. I'm still educating myself (been doing so for the past 2 years), but decided to a HELoC to fund the down payment and wo...
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I am new to landlording and this is my first time reviewing a credit report.
Rent: $1,100
Monthly income (before tax): $5,500
Credit Score: 778 (did not miss any payment in last 3 years)
Min. Monthly Payments: 550 (w...
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Ok, stick with me on this one...I am a potential investor and I'm trying to figure out the best way to start. Here is a quick rundown of my current situation.I own a house worth $210,000 - free and clear no mortgage C...
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I've been on this journey to repair my credit for about 6 months now. My credit score is a 499 and slowly-very slowly-climbing. I have an unsecured credit card I'm using to build on it, and that's about it. I want to ...
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I have my first home that I purchased as a foreclosure back in 2011 which up until now has been our primary residence. I got a great deal on it and planned on it being my first rental property when we decided to find...
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Right now My wife and I almost have all our credit cards paid off. The only thing we would have to pay off would be a person loan 26,000 We really want to buy a side by side Duplex in SAC and house Hack. Right now we...