Hi, just to clarify on the trans union report, the "resident score" is their credit score?If the score is too low, does anyone have the proper wording to tell the applicant that we can proceed further due to this?Than...
I'm a young newbie looking to get started as soon as I can but I am not in a rush since I know rushing is always bad for business. I have no credit and I was looking to take the FHA loan route. What can I do to build ...
Hi. I’m hoping to get a HELOC to start my investing career. I have NO experience with a credit union but I hear they are the best for HELOCs. Any advice on what credit unions I should be looking at? I don’t have the b...
Does anyone here on BP have personal experience with Credit Karma free credit reporting service?Thanks,Pyrrha
Hi everyone,I am up to property #5 and my credit score keeps getting beat up. Any thoughts on how to preserve credit score while buying multiple properties, or is this just a necessary evil that you have to accept?I w...
Maybe some expert in here can tell me what's going on?
In the last 3 weeks, me and my wife went to 3 different banks and tried to obtain a loan. Fifth Third pulled our credit score on the spot from Trans Union on Mar ...
Hello BP community,Is it possible to obtain conventional financing from banks without a credit score? I heard of manual underwriting, but from my research, you have to jump through hoops and most banks don't offer it...
Below is the response from my banker who did refinance earlier for me. Any lender who can do cash out refinancing for me based on Property/Asset rents but not on my credit score which is currently low around (656, 650...
I am looking to house hack a property out of state with an FHA loan within 4-5 months. What should I know about using FHA loans for out of state investing? What complexities should I expect and what else should I kno...
Hi, I am a RP starter in TX who is looking to secure a line of credit for their second rental property. I have bought the barren land already and am looking for around a $50,000 personal line of credit to use on the t...