Great & interesting history, thanks so much for sharing.

It may slightly negatively effect you credit score

While this is likely not true for Wellings, I see many, many formerly equity syndicators that seem to have deals going sideways from 2021/2022, now all of a sudden being "private credit" syndicators (I have noticed a lot of these pref equity funds/investments are calling themselves private credit, which clearly has a broader meaning).  

I fought with them for months and finally had to call my credit card and tell them it was fraud.

Hi, I'm trying to find a credit bureau rent reporting service.  

I’m pre approved or have a line of credit in place.  

So now I have to fight with them on this… While I didn't get the above mentioned credit I did get a different credit from them.

The cash flow from this property ($1,300 profit after expenses) can also help support your ability to qualify for a refinance.HELOC (Home Equity Line of Credit): Another option to access equity is through a HELOC.

However it could be location,  Common area, size, laundry, tenant qualifications (in rough areas you are not going to get many tenants with unblemished credit), parking, look of surrounding properties, etc.   

The lender wants to run your credit score to determine whether you're Dilcia Morales or not.