They are incredibly unreliable and very underpowered.

Start saving now and work on your credit score. 

All the other banks I spoke to, like TD Bank, HSBC, and Signature FCU, have limitations, such as you can't have more than 4 mortgages in your name, or they can only use 3 properties to offset DTI.Better.com offers a rate of 9.5-11% (depending on loan amount, credit score, etc.), and it also requires the property to be in my name (not in an LLC).Does anyone know of a bank that will do HELOC on rentals in NC that do not require the property to be in the owner's name and/or is not limited by how many mortgages you already have on other rentals?

Can a landlord reject a tenant for a 500 credit score or not? 

The lower the score, the more down is likely to be required. 

Figure out what your screening criteria is for the tenants - credit scores, job tenure, rent to income ratio, eviction history etc.

(also, no debts at all and credit scores over 800).Really want to avoid selling current home and renting it back for a while from the buyer until I find another home, get a loan for the difference.

Congratulations to the new owners on scoring their dream vintage-vibe home!

I almost made the mistake of paying a Philly guru who was going to teach me the ins and outs of buying section 8 homes and after reaching out to others on BP who invest in better market real estate, realized its incredibly risky.

Hi all, I just received the below term options on a DSCR new purchase loan (780 credit score).