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Durnit

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About Durnit

  • Birthday 02/16/1979

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  • Location
    southwest ohio
  1. We live in Ohio, the house is in Ark. the tenant has lived there 15 years and I don't intend to change that. The problem is I don't mind that mom is giving it to me, but I'd rather it not look like she did. She's up in age, and with the 5 year look back rule for the elderly I'd prefer to 'buy' it. Can we do our own seller financed paperwork, and the tenant starts to send me the rent and I in turn pay mom? Doing it this way won't help my credit in any way I know, but could mom be affected tax wise? Does anyone know of any other issues that may arise?
  2. We've had 3K with Menards for about 8 months. Maybe I should shoot for Costco
  3. We've never used Kabbage but we have used OnDeck a few times. Interest is high but if you pay it back early the drop a lot. When you're in need, you have to do what you have to do. No tax returns just last 3 months of bank statements.
  4. Thanks for replying! I will start making payments from my bank account. I know it won't help now, but I'll do it just in case she wants to do something later in life. I'll also start to add the rental income into her tax returns. She's walking away from the house she is currently in, which is another problem in itself.
  5. Dad died in Nov 2014, since then I've been searching for mom a smallet place. She's been approved for 135K based off her retirement/disability income and we've found a condo that will be great. She has a 2013 Buick lease that I've paid $300 a month on since day 1 (she pays $89) but since I have $150 biweekly direct deposited to her account instead of me writing a personal check for the note they count the entire car note purchase against her. Is there a way around this? She also gets $500 a month rent from a rental property for the last 12 years (same tenant) but has never claimed this on her taxes, they won't count that as income either. I'm not worried about the condo at all, she's going to get it, but going forward if she wanted to apply for another mortgage later should I start to pay her car note from my account? How much does rental income really help boost your chances of getting a higher approval?
  6. It reports to EX for us for sure. I haven't checked anything else
  7. OMG what in the world?? Are your scores decent? I can't imagine they aren't. I would have definitely sent it back with a FOAD card. The owners scores are mid 600's. It was definitely a spit in the face, we weren't very happy
  8. We have 2 business checking and 1 savings account with them, and about 8 accounts that we are signers on as payees for those with disabilities. Last year we made about 900K all deposited to US Bank. Applied for a LOC about 3 weeks ago and was denied (still no denial letter) but they sent us a credit card with a 1K limit instead. I'm very tempted to send it back. We've been customers for 4 years
  9. Chrysler does report to your personal cra's. We purchased 3 2015 vehicles in November and they showed on the cra of my boss. They are in the business name only with him signing as guarantor. We have two newer loan finane through Ally that only report to business
  10. Well here'my update. We got denied again for Speedway, we don't even need it but I'm really irritated with the denials especially since it's the only gas station we use! However after reading another post and realizing Pep Boys has a universal card I applied for it. Approved 8K! Very funny since Wex won't budge on our 1,200 limit on our Wex Universal. smh, the credit game is crazy
  11. Tbea, I did the same thing years ago. Had a EIN, and DUNS and had credit built and was operating as a business but hadn't filed paperwork with my states SOS. I'd sent it in but they never processed it and I never caught the mistake. It's definitely possible to do, and MOST companies don't check with the SOS when applying for credit, they check the DUNS and ein.
  12. I had to go look at our cards. We obviously have the wrong Pep Boys card. Should have applies for the universal instead. We may have to apply
  13. Yup, we have a Menards $3500 limit. Speedway also has 2 Wex backed cards now, we haven't applied for those.

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