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Is there a way to check a potential tenant's credit for free? The sites we're finding for tenant screening are more expensive than we're comfortable charging our potential tenants.
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Hello everyone,What are the collective thoughts on having a line of credit instead of actual cash reserves?I know it sounds ludicrous! Cash reserves are what get you through those times when all the Capex comes down o...
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am looking for responses from people that has used credit unions in the Chicagoland area and surrounding suburbs for HELOCS. My wife gave me a home with no mortgage in Dolton, IL. before we separated. I have been on...
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If you use a unsecured line of credit to buy a property is that the same as buying cash? Will you be able to refinance in less then 6 months?
Thanks!
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I have a renter that wants to buy a house someday but has poor credit. She and her boyfriend have been wonderful renters and have asked is there is anyway that their rent payments can help their credit. I didn't think...
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Hi, BPers,I need your kind help.I am in the progress of screening tenants with mysmartmove.com. Currently one family applied as husband/wife/2-kids and uncle. The three adults makes 12.6k annually or 3.5 times of the ...
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I have bad credit; some old medical bills, one bad credit card and some student loans as well. My credit is shot for now, and I have been slowly repairing it and paying things off, but no bankruptcies.
I am...
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Hello BP,Is it illegal to post the minimum credit score (e.g., 700+) when advertising your rental property? We live in Virginia and want to weed applicants who may not have the best credit history.
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I’m planning to do some buy and hold investing in 2014 and am looking to use a business line of credit for my down payments when purchasing new properties. Depending on the lender, they will require a 10% - 20% dow...
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I understand the 3x income requirement rule plus background check, but do you landlords require/advertise a min. credit score? Property should gross about $1700/month in CT. Thanks!