I find the Old school wisdom and straight talk approach he dishes out much to my liking and a refreshing variation on the hucksters appearing every few years always trying to sell you the latest snake oil.

Week #1So as a refresher, I closed Thursday, July 3, 2014.

I tend to write down the ideas or instructions I find important all in one place, helps me remember it, and I just reference my notebook when I need a refresher.

It's refreshing and terrifying

Hey mate,Glad to see your pumping those numbers.Remember to post in CL daily and start refreshing the old adds after 10 days.Here is a blog that I wrote about an ugly house I sold a while back.http://www.biggerpockets.com/renewsblog/2014/08/09/unload-super-ugly-house/Pump the numbers mate :)

As Bill mentions you seem to have a foundation to work with and it is refreshing to see your push back based on your own assessment of default risk.Bill's analogy is a good one relating NPN's to a wrecked car.  

when i'm refreshing my knowledge of an area, i like to get my realtor to send me the comps, and i look at that while i drive around and put a face on the area.

It sounds like your ready to work hard and Its refreshing to see.

DO NOT and I mean DO NOT contact those creditors or make partial payments to them.What that will do is REFRESH and old negative account and make the credit score take a nose dive.It is true it takes usually 1 to 2 months to update changed results in the scoring model.If the buyer has a time sensitive loan issue the lender can do what is called a "rapid re-score" with the credit which will update the credit report score much faster but costs money.In addition to paying down the cards your buyer can also request a credit line increase on all the cards.If 3 out of 5 or 2 out of 5 increase the limit that will help bring down available credit percentages to used credit even more.Even though the buyer is at 680 they want to try to get the score up higher.You do not want to be right at where the score requirement is and then something happens and you are off by a few points.Do not close credit lines.One of the scoring criteria is length of active credit history in good standing.If the buyer has 5 cards and 3 are 2 years old and 1 is 1 years old and the last one is 4 years old then you have a 4 years history.If you close out the oldest one your credit history in good standing has dropped to 2 years now which affects the scoring model.The buyer should stay away from big purchases cars,furniture,appliances,vacations,weddings,etc. until AFTER they have closed on a house and moved in.Those types of purchases are much more lenient on debt ratios than house loans these days.

Refresh yourself.