My name is Bekah and me and my husband are doing our first flip. We have owned rentals in the past as well. We purchased the house about 3 months ago and are owner financing it. We are trying to think of all our optio...

Question: Is it better to use cash or credit to buy real estate? Guidlines:Cash: You have enough cash to buy a piece of property outright. Credit: You are taking a loan with 20% down and 10% interest rate fixed. You c...

A 700 credit score isn't as good as it used to be.  And those worthless Online scores are generally a lot higher that Mortgage credit scores. New Mortgage Credit Scoring  (un-official chart) 840 - 800 Extremely Good 7...

This post applies to Maine landlords, but may be useful for others as well.  For 10 years I used padzilla, also known as tenant-net, for eviction and credit report screening.  They did an inspection of my office so th...

Hello,Just turned down 4 guys looking to rent a 4 bed place from me(in Massachusetts). Two of them had really light income, one of whom also had a vehicle repossession on his credit. They asked me to consider co signe...

I am Rejecting an Applicant for having too many collections.Do I need to explain or give a reason ? What do I say ?

DTI is calculated by adding up all of your monthly bills and dividing it by your monthly income before taxes, then, multiplying it times 100. For example, (2000 ÷ 7000) x 100= 28.6%. Knowing this will give you a bette...

Is there a particular electronic rent collection software or site that anybody can recommend.  I am a relatively small investor with 6 doors so I have just been collecting rent checks.  I'm hoping this software would ...

Does anyone have experience with credit repair companies? Any recommendations and/or advise? I heard good things about Clean Slate Credit Repair and Reliant Credit Repair. Any and all input would be greatly appreciated!

Hi BP. Does anyone have a lender in RI that will do an 80% LTV on an investment property? I need to refinance in the next 3 months and at 80% I Pull of a successful BRRRR. Also there is a possibility I will be living ...