This person had never used credit.

The banks/credit unions said I needed 6 to 12 months of ownership to get refied. 

We normally do not seek judgement due to the expense that is involved, even after you win you have to continue to renew the judgement every year.We put them in collections and have it hit all three credit bureaus.

well as I posted last week Oregon is now going to require wholesalers to be licensed they have carved out a special license for this activity.. those wishing to continue to wholesale will need to do full criminal and get a bond.. some will not qualify as they have bad backgrounds or crappy credit.

Ok yeah we are thinking of getting an investment property loan so we can stay in our current home.If we did the FHA route we are considering on living in the new property for 1 year and then moving back into our old one after the year is up.We are curious if we would get a more favorable rate if we borrowed from our home equity to buy the investment property.Do you have any idea if many investors borrow from their home equity to get started?  

We have a financial advisor, but he favors market money over real estate so we don’t feel fully advised on all options.

Instead, it works like a credit and goes toward some of your upfront costs.

Even though it's tough, you'll get stronger and smarter than those sitting on the beach waiting for the tides to turn in their favor.

That creates a really nice price / rent ratio which is favorable for investors looking for cash flow.

I don't have the capital to replace the HVAC at this time or the credit to finance it.