There are some additional things that could help determine which loan product is best for your situation.203k Best When:- Credit scores 680-720 or less- Renovation will improve the value of the home more than 75%- Renovations will be on or in the home - no new yard projects, only fixing existing- Higher Debt To Income (can get approval with up to 56.9% dti)HomeStyle Best When:- Purchase + Renovation costs will come in higher than FHA Limits- Home improvements will only improve vale 75% or less - 720+ credit or 20% down (of purchase price + reno cost) to avoid PMI- Exterior Projects (fence, hardscaping, pool, outdoor kitchen)- Lower Debt To Income (sometimes as high as 50%, many times between 45-50%)- Renovations that are greater than $35,000 (soon this will move up to $75,000)Happy to answer any other questions that you may have!

Just earlier this year I got my buyer below list price, a large credit towards closing costs, and it appraised for higher.

I would open up a few more credit cards.  

Hey Jake,You'll definitely have some options with DSCR lenders, but you'll need to be really sure that the lender you use is okay with underwriting STR income as well as with the ADU as a mid-term as they are kind of tricky.With DSCR loans, your credit score is going to be a big determinate to where you will lend.

Charge the tenant the lowest estimate. 

Then the closing department reaches out to title to finalize the settlement statement with all the debits and credits and money owed into escrow and then you set up the date and time.Sounds like to me you were dealing with a Broker who had no confirmation from his lender and it sounds like he handled the process very sloppy and was not on top of things and then he's telling you you're closing such and such day while he pushes the lender. 

Then some tenants you can bluff and will send you the rent and you credit towards your interest payments.. others wont they are afraid of being evicted. 

Rate hikes the past year have made community banks much more expensive and we had to pivot to a credit union.Assumptions were pretty much non existent when rates were low, but a lot of investors are buying deals by assuming the exisitng debt in this part of the cycle.We evaluate a deal by Buy Right Manage Right and Finance Right.

I do have a lender that will finance 100% of your purchase price + 100% of your rehab budget if you have a 700+ credit score.

Hello,I wanted to know if I have a below poor credit score would it be beneficial to first try to fix my credit or create an LLC and build my business credit to start investing in real estate and worry about my personal credit score later?