You can also structure your offer with I know at least a 2% seller credit so that you can be paid at the closing table when you're buying. 

National savings rates have plummeted, increasingly reliant on credit cards to fill financial gaps.

Do you have credit cards with places like Lowes and Home Depot that you can use to buy materials now and not need to pay off for maybe 90 days?

Lowes rewards actually gives us more than a $50 tool rental credit and a flood of emails trying to hype their programs. 

These are large lines of Credit that allow the lender to leverage theirs or investors money into loans..

The investor's theory behind his suggestion was to use the 500k loan to wipe all debt and only pay on the new loan, I'm not sure if this would be advantageous financially due to my current debts monthly payments set at: LTR = 1900MTR = 1500HELOC= 550Vehicle = 850Total = 4800 monthly At current loan rates for 500k, and a 800+ credit score be a lower monthly than the $4800? 

You will make less per transaction and get less credit, but you will understand all the systems and have clients.

When I allowed HH properties at my company, we screened people to the degree we could (credit, background, income, rental history), but you still end up with some percentage of "crazies" who can derail the entire property and force out your other tenants.  

We accept cash, credit, check at any time of the month, for any period of time.  

Once you have three done, and you continue to bring good deals, and your credit stays where it is, and you've exited all three previuos deals no problem, then now you can get 85%/90% LTC.Rates?