So, we obtaina full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc.to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.

CRS and ALE Solutions has a place on their website where you can add your property to their database, that's an easy start.

The smallest upfront fee was $1200 and the largest $10,000. 58 of the lenders required copies of our passport.14 lenders were in the criminal data base of Interpol; 28 were in the in the financial crimes data base of Nigeria and 4 were listed in the Interpol data base connecting them to Russian mobs!

@Andrew Hogan, again, I respect I may be talking apples and oranges here, but the value of 506(c) is primarily to GROW a database of potential investors.  

The laws in California are much different that Texas let alone how difficult it might be to coordinate efforts for your property.I would check the database of narpm.org which is a great organization for residential property managers.Good luck!

. - Leverage your database, clients (past and present) and experienced/busy agents in your brokerage or market.

idk.Correct me if I'm wrong, I keep hearing about biggerpockets.com/insights on multiple videos and podcasts - and I thought it was a database of information you can sift through, sort, etc. similar to the excel sheet in the appreciation  vs. cash flow, but now that I've searched through the site it's just BP PRO blog articles?

I have databases consisting of 1,341 lenders for RE as well as close to 20,000 contacts at family offices, hedge funds, endowments and pension funds. 

Jeff S Na - what you just described is quite similar to something called "mail merge" that is done with word processing software in conjunction with either a database or spreadsheet.

I had like 2 of them direct to seller through a connection being that we have a large database and they asked me to buy but 95% of the time they just come from the MLS.