Derek G.
Commercial Loan Limited Experience
Hi All !!I currently own and rent a few SFR. Lets say I want to secure a commercial loan for a small apartment complex (Lets also say the selling price is around $900K and I put 50% down). Doesn't really matter. I sho...
Bob H.
How to screen tenants without a hard credit inquiry
For the second time in a row, I have had a potential tenant ask me whether my screening process involves a hard credit inquiry rather than a soft one. Last time, I checked with my screening service, which gives me a s...
Emily Sulliban
Hard Credit Inquiries that Lead Nowhere...
When I was younger, before I knew that hard credit inquiries had any affect on credit -before I even knew that you couldn't get credits cards without having any credit score, I applied for a few things and now I have ...
Royce Talbo
best places to list rentals
Where is the best place to find large pool of good quality tenants? I currently list on craigslist, AHRN for military, tried zillow zumper and facebook. cozy is no long available since they merged with apartments.com....
David Levin
Lender backed out after agreeing to terms.
Hey everyone-
I signed a term sheet and app with a private lender. Then they ran my credit, which is in the high 700s. We are rolling! But the next morning the broker shoots me an email. It reads
"I am really sorr...
Nestor Soto
Hard money
Hello. I'm Nestor from MD. I recently got pre-approved for a mortgage by a hard cash lending bank and even with an excellent credit, since it's my first flipping deal, I only got 50k pre-approved. Anybody has any advi...
Luke M.
Solid credit, but it's reducing with each deal
I started out with a credit score of 790 when I bought my first rental. In 3 years, I've acquired 4 more, and my credit has dipped with each loan, and is now at 710. I have no debt except for these loans, and no credi...
Deven L. Richardson
Getting Pre-Approved after opening credit card?
Hi BP Community,My wife and I weren't going to look for our first home until the spring of 2023, so she decided to get a new credit card earlier this month. While casually scrolling through realtor.com, we actually fo...
Richard Parseghian
Required Minimum Credit Score for Rental Applicants
Hi Everyone,I currently have a 3 bedroom unit on a side by side duplex for rent in Raritan, NJ in Somerset County (B class neighborhood). One of my required criteria for applicants are that their credit scores are at ...
Jacob M Junge
Keeping a high credit score when buying multiple homes.
How do you keep your credit score high when buying multiple homes in a short period, especially when they hit your credit score for approval.