(You'd want an attorney to look the docs over but you wouldn't spend as much as we did as most of the attorney work was loan-related.)Of course you will also want to have insurance in place and that is often paid as a closing cost.Somewhat of a wild card are prorations.

It's all totally survivable.It will take 90 to 120 days to go through the process and then you can start rebuilding.Banks won't lend to you in the future until you clear the deck and rebuild your credit anyway (usually through small loans at first and secured credit cards.

If tenants use a credit card they are charged a 3% fee… otherwise it is a free service to our tenants.  

I was thinking maybe we could set up a ACH auto withdrawal from her bank or unemployment card to ensure the rent, any thoughts or complications with that? 

I’ve been reading just book after book after book about REI and listening to 2-3 Rookie Real Estate podcasts every day for the past 3 months, but haven’t taken action.

Hi,  Does anyone have experience either using Bilt Credit card to pay rent or collect rent?

If you haven't already, consider looking into whether or not your fiancé would have been covered under the Servicemember's Civil Relief Act (SCRA) https://www.dmdc.osd.mil/appj/scra/In certain instances, things like high interest credit cards and certain loans would be capped at 6% APR, with any overages/fees being FORGIVEN and not just deferred. 

We are complete rookies lol , but we are ready to begin our journey to building our portfolio.

You may also find it useful to get a business credit card as well for the same reason.

I've been educating myself on real estate for the past 3ish weeks or so but I have about 10k worth of credit card debt should I try and pay it all off so I can get my credit score up and have better approval odds for my first investment loan (I would be using my VA loan).