Chime is a company that has created a bank account system that allows them to report "payments" to the credit bureaus, but it is NOT a vaild tradeline in our opinion. -- To consider a credit score as valid, we look for at least two open tradelines that have a minimum 24 months positive history and two more at least 12 months.

They’re super cool and hip but according to every bank in the world they’re not real estate.

It’s normally the investors sitting behind a computer who fail to recognize this.

It did take a commercial loan, and only one bank in our area were willing to do it, but the interest wasn't terribly high (though we do have to refi in 5 years).

Consider options like Bank Statement Loans, Debt Service Coverage Ratio (DSCR) Loans, and co-signing.

my self I have  been with my same commerical Banker for over 30 years without him I would not have made it through 08 to 2011.. loyalty is key,that said I have borrowed from one other commercial bank as well. my loan facilities are not what most are doing.. they are land and development loan and vertical .. and a few commercial buildings..

Low cap rates because you dont have to do anything, just collect the 4% or 5% like a CD at the bank.10% Properties are going to be more involved.

Have multiple funding options in the works because one might fail and you will need the back up to close on time.

I recently started using Buildium and am realizing I now need to run both systems in parallel and unable to sink my bank account transactions on Buildium but Quickbooks is fine.  

That’s a pure cash flow play - monthly interest payments hitting your bank account is a great feeling!