Residential lending standards have come a LONG way since the 2008 GREAT recession. It is much harder to qualify for a mortgage today than it was before the 2008 recession. Today 95% + of loans qualify show income in...
Hello, I am developing an approximately 6,500SF strip center in Brandon, Florida on SR-60. I am looking for advice for signing a lease with a national credit tenant. Below are some quick highlights about the site:...
Hi allMy name is Thurane and I am very new to biggerpockets. Ive decided to start my real estate journey this year! and Ive been doing extensive research on a good strategy for my first investment.I have been doing ex...
Credit score is below average. Looking for helpful improvement tips
Hey everyone, so I thought I was ready to buy a house but im a little lost. Here’s my situation. Currently I am averaging about $8-$10k a month with my part time job and my business in total. I write off everything I ...
As a relatively new real estate investor, barely a day goes by that I don’t see another headline about the lack of supply plaguing today’s housing market. And like so many, I’ve experienced the challenges of sourcing ...
For those who are capped and constrained by all of the Conventional Fannie Mae/Freddie Mac rules on investment real estate lending, you should give the Non-QM (Non-Qualified Mortgage) world a try. I've detailed below ...
So I recently had my only tenant give notice, and am about to start the search for a new one. Just wanted to poll BP for what minimum FICO scores you require for applicants, I know this can be area specific, the prope...
Hello everyone,
I was surfing Craigslist and I came across an ad titled "AMAZING OPPORTUNITY...MAKE $15,000 RIGHT AWAY! Rent Your Credibility."
So I emailed this person and this is what he emailed back:
"Thanks f...
I just got home from the bank, went to sign papers and go over everything before closing. detail.single family rental - buying for 40k with 20% down - conventional loan 30yr fixedbuyer agreed to pay 3% in closing = $...