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 ...
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...
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 ...
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...