My scheme is to buy low replete work myself up financially and credit worthy. so i can do more deals..thank to bigger pockets i can learn from these forums. 

This particular franchise does not corporately guarantee their franchisee leases, so the strength of the lease rides on the experience and credit worthiness of the franchisee.

During times when banks are risk-averse and reluctant to lend money to any but the most creditworthy borrowers, seller financing can make it possible for many more people to buy homes.

If misrepresentations are found after the rental agreement is signed, your rental agreement will be terminated.This is to advise that I the undersigned hereby authorize the person or firm to whom my application has been submitted, to obtain a consumer credit report, to conduct a criminal record search, an eviction search and to make any other inquiries as deemed necessary in determining eligibility for tenancy and assessing credit worthiness.

That being said, IRAs do not have credit and because the IRS expects you to keep an IRA as a strictly retirement entity, you cannot assign your creditworthiness to your IRA.

One month's rent is a good deposit amount...however you can always charge more or less, depending on market conditions and the creditworthiness of the occupant.

,I hear of smaller banks with no PMI on less than 20% down.and my other light at the end of the tunnel was a 3% down multi family qualifying loan with no PMI if you are 720 FICO and 3 month reserves in bank.i I am now credit worthy (mortgage score qualified) and after selling my wife on the fact that our 2016 tax return ($7,000) must all go towards our first Investment property and first property in general as downpayment/reserves.

The mainstream of investors want to quantify creditworthiness and the credit report/scores are the common vehicle for conducting this litmus test.

Your cash, credit worthiness, and relationship with banker will help you secure your first few deal, but you will need to build a track record if you want to grow your operations.

Further, two investors can look at the same asset and have differing views of the credit worthiness of the distressed borrower.