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Hello all,
My problem is I am having trouble finding financing because my debt to income ratio is right at 55%. The lenders I have talked to say it needs to be around 45%. How can I get financing? I have the ...
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Does anyone track their FICO score? I know we have some competitive folks on the forum so I was wondering how high your score has been historically.
Any takers?
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I'm not sure if this is a legit term but I've thought about this before and then I ran the numbers and was pretty excited to see what I came up with. Perhaps many of you already know about this and I'm just behind the...
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What are your thoughts to renting to a tenant who went under Chapter 13 bankruptcy? Tenant that applied has a very low credit score of 545 and is under Chapter 13 bankruptcy. Credit check reported bankruptcy on ...
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You probably know you can use your VA loan benefits to close on up to 4 units for 0% down. But did you know that the VA allows you to actually walk away from closing with a check in hand to pay down any existing debt ...
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I currently own two properties a four family and a duplex. I have a FHA loan on the four and a hard money loan on the duplex. I have rehabbed the duplex and am all in for $101,000 the property is worth $162,000 the le...
How hard or difficult will it be to get a loan at 18? (Including it’s difficult but not impossible)
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My wife was briefly furloughed (as a doctor) and we were concerned about Rental income at a short-Term stay property (we own three single family homes, including our primary). Turns out we made a lot of money during t...
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Hey everyone,So, I'm looking a 8 door, all 3/1, for a screaming deal. It's in prime location right next to the local college. My strategy was to take out a loan from a private investor, move in, fix them up and rent...
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Hi,My plan is to close the property, sign up for a new credit card offer, and use that line of credit to finance the rehab. After 6-12 months, I would like to refinance and pay off the debt + interest then. However, o...