Hello BP family,My name is Matt and I new to BP. Had a couple of question that I need for somebody to answer it. Been thinking a lot about getting my real estate license but just scared to take the leap. I hear so man...
I have been owning properties last 3-4 years, till now it was someone else was managing my properties. Now, I want to manage.I have this tenant with low score, moving in my city, will have good pay verified with emplo...
Hey All! I'm a single mom and I want to purchase a new home. Its my first home purchase and unfortunately my credit score is below 500. Will I be able to find a good mortgage. Please advice.
Hi everyone,I'd love some feedback on my scenario. I have an applicant with the following scenario:1. Income 4x the monthly rent. 2. Credit history is flawless - mortgages paid off, solid history of paying credit ...
Hi, BPers,I need your kind help.I am in the progress of screening tenants with mysmartmove.com. Currently one family applied as husband/wife/2-kids and uncle. The three adults makes 12.6k annually or 3.5 times of the ...
We have our second rental property ready to go and just had a couple complete a credit and background check. Background on both are clean but both have low credit in the 530’s. From the report it appears they have got...
What happens if you start a brrrr and use 0 percent cc for the rehab materials causing credit score to decline from high utilization rate? I assume need to pay the cards off and won’t be able to refi and pull the mone...
So I am trying to do a HELOC to be able to pull equity from my current investment (only have 1). My credit is low 618 give or take- (I am working on it with credit versio- removing somethings that are bring down my cr...
Hi All,
I'm working on a strategy to develop low income housing. I know of a program that helps out with larger projects (48+ units) but I'm looking at building single family houses. Does anybody know of any incent...
In the screening process of prospective tenants and iv come across a family who has low credit scores but make above 3xs rental income. Previous landlords have all come back and said they have never missed any payment...