The Seller did not understand or misunderstood and thought that NONE Of these $60K in funds would be credited or APPLIED towards the $300K property purchase STRIKE PRICE.

If a PM can't get rid of you or raise rents to keep up with inflation .... you had better have an amazing credit score etc    Can they look at previous evictions?   

Conventional versus non-qm products have similar pricing, but restrictions on DTI and capped number of properties will limit how far one can go using conventional.We currently have no debt, excellent credit and are pre-approved for a conventional mortgage on the first property.

Lender had access to my savings account, DTI, credit scores, etc.I put 3% down and used the rest of my savings for the rehab.

Building a strong financial foundation involves aiming for a credit score of 700+, educating yourself, building relationships with agents, lenders, and property managers, and analyzing properties with positive cash flow.

Credit to you for posting in the forums with a question that probably many people want to post but don't!

I'm building my credit so I can buy my first property.

Verifying last 2 years of rental history very important!

Verifying last 2 years of rental history very important!

University of Illinois Urbana-Champaign (UIUC) has seen record enrollment in recent years: it set its highest attendance in history, with over 57,000 students enrolled and in 2024 just had highest freshman attendance in history and keeps growing, Carle Hospital, Craft Factory (Warren Buffett approves), etc for diversity of economic drivers.