Also, credit score minimums are higher- often requiring a middle mortgage FICO score of 720 and above.

RentRedi needs an option to have the landlord pay this OR just bake it into the monthly cost. 5) RentRedi introduced a feature to allow my tenants to report their rent to the credit bureaus to improve their credit score (cool).

For those that qualify for conventional financing its another negotiation tool, for those that do not its a way to get into real estate but many do not understand what it is they are signing up for.Regarding it being good for an owner, again it goes back to the borrower, if I have a borrower with 800 credit and I control cashflow its far different than someone with 540 credit.

Conclusion: Don´t give your credit card infos for "free" products!!!

I have over 30k coming in very soon and working on credit score.

However, some community banks and credit unions may offer more flexible terms.Best of luck!

Our agent negotiated us a credit for one aspect (floors) but given the true work that really needs to be done is there anything we can do at this point... like arbitration to cover costs of actual work that needs to be done.

Next Step: With with sparkies quote, I'd get that quote over to sellers and with an amendment all written up ready for there signing giving me a credit at closing for exactly that amount. 

From an internet search"Unrelated Debt-Financed Income (UDFI) is a tax that applies to an IRA when it uses debt"

A partnership requires three things to be successful - Experience, Capital and Time.It looks like you have the capital and experience but maybe not the time.I have my doubts about this working if you have a friend who has weak credit and a limited cash flow.