Once it's on the tenant's credit report, it is far more likely to spur them to action because it could prevent them from getting another rental, qualifying for a credit card or car loan, etc.I'm more concerned with why the home has been sitting on the market for eight months.

However, the guest does not have a social security number and is looking for a job after entering the country through the green card lottery.

Since my capital is low I was planning on utilizing my credit cards to fund the rehab.

I would expect the 30k would also get you a get out of jail card.

The downside with Heloc is that the rates are in the 12-14 and its not fixed as they are adjustable like a credit card.

It can disqualify them for a car loan or credit card.

Tract books were supplemented with additional records on little blue cards known as micro fiche sorted by time and name. 

I am working with a lender that can liquidate credit cards for 10% to use on a down payment on a Tri-plex.

Rental tier renovations to the property through credit cards.

But if it were my first deal, I'd go 4 units or less to let the REI bug bite :) Hey Erwin I'm pretty fortunate that I don't have any real credit card debt, car loans, student loans or anything outstanding other than my mortgages.