Jean Sanchez
All cash transaction, can you get a credit from the seller?
Hi Everyone,Working on my first cash deal for a duplex. Are inspections it is clear that about $10,000 of pretty much mandatory improvements need to be made to bring it to code and for safety. I understand that laws w...
Thomas Lee Nuckles
Interest rates, are they the same?
Should I shop around for a better interest rate or take the first offer I get? I know they run my credit every time and I don’t want to keep taking hits but at the same time if I get a good lender then I’ll stick with...
Harris Pantlik
Credit and Background Checks
Hi All,
I am planning to close on my first rental property tomorrow in North Charleston, SC. I purchased the property with 5% down. It is actually two homes on the same lot that I plan to separate with a fence. ...
Obinna Kanu
Buying with high debt-to-income ratio
Good day everyone. I am in the market to buy my first rental home but due to the mortgage on my personal home, my debt-to-income ratio is relatively high. Is there a workaround for the debt-to-income ratio issue? What...
Account Closed
1st + last month + security deposit too much for a $2.1k/m rental
Hey BPers,I have a rental I want to price at $2.1k/m.My question is: Can the average renter really come up with $6.3k up front to put down?Maybe it's better to do 1st month up front + like a $3k security deposit inste...
Kelsey P.
Additional rental application to Cozy.co
I'm ready to list my first property to find a tenant and was wondering if anyone sends an additional rental application to gather more details when having potential clients apply through a website like Cozy.co? I'm cu...
Mary Wilson
credit report forum/videos on this site
Of course, we all want a higher credit report.followed the credit report here at bigger pockets to include filling out their survey, watching the videos, only to be SOLD something. Big turnoff.
Christopher Lugo
Should I not build my credit score up?
Should I listen to Dave Ramsey's rule and not build my credit up. I want to start investing into Real Estate at a young age, Im only 20 right now and don't know if I should start to build my credit up. Dave Ramsey say...
Kirk Roberts
Screaning Tenants
Hello everyone. I am looking for the best website to run a check on tenants prior to them moving in without spending a lot of $$. Anyone have any advice? Thanks
Arthur Banks
When do you request credit/background check?
When applicants are applying do you require they complete the application first and after you review and wish to proceed, you then request approval to request the credit/background/criminal check? Or do you have the ...