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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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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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So I have a question. My fiancé and I have been engaged for a long time. We both want to get married this year, however I have good credit and she has very bad credit. We both want to buy a 4 to 6 units apt complex th...
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Just got turned down by a mortgage Lender on a refinance I was trying to do. Said my Credit Score (Middle Score) was 619 and their underwriters needs was a 620 Score. I Checked my FICO and it was 640. Anybody know ...
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Hello fellow BP members! I have recently been looking into purchasing a property to flip, using private money to fund the purchase of the property. I plan to buy something that is in need of a moderate rehab, doing th...
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Looking for information regarding funding a home renovation project in order to start house hacking. Here are the details:I recently purchased my first STR property. It's going well but I'm house poor and I don't want...
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I haven't seen any negatives mentioned about having tenants drop off rent payments at the bank, but here's something to think about. My uncle set up a Deposit Only account at Wells Fargo authorizing a real estate clie...
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Hello folks,Im looking for suggestions. I am closing on a town house that im purchasing with a credit card. Purchase price is 45k, is rented for $850 but could be 950 -1000. Now, the credit card im using is a personal...
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I recently purchased a rental property for cash with a short term unsecured loan because it was such a good deal(numbers below). I figured since I owned 100% equity in the house and I am only seeking 65% LTV I would h...
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I'm looking at picking up a Business Credit Card, and and was wondering what would be the best way to go? I see some are doing cash back (I think I saw Fidelity sponsors a Visa that does 2% back to your IRA which see...