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.

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.

Any other expenses are using up funds that would otherwise be sitting in your checking account to make a mortgage payment with.

Yes to avoid taxes and penalties (under 59.5) the money would need to stay in the retirement account.

Local banks and smaller credit unions are most aggressive in this space.

I’ve bought some houses with 0% interest for a year credit cards and a few with consumer lines of credit from banks.

Most of our newer investors approach 2-3 lenders to discuss loan options.Some lenders recommend making your financing inquiries within a 45-day time period to avoid larger drops in your credit scores.All the best!