These are the best options for finding sellers willing to transact in today's market at cap rates that make sense to the current interest rate environment, in order to capitalize on the upcoming favorable market conditions over the next few years such as spiking rent growth, falling vacancy, and compressing cap rates.Interest Rate ProjectionsLooking at the Federal Reserves Dot Plot, which is released every quarter and is the federal reserves outlook on where they believe the Fed Funds Rate, which does not control fixed-rate financing but does influence it, as well as directly affects floating rate financing, is predicted to be 3% - 3.25% by Year End 2027 (Source), currently sitting at 4.25% - 4.5% today.

@Andrew Self there are attornies you can hire to resolve your credit issues.

After the initial inspection we sent a response to the inspection asking for $21,500 in seller credits to cover the roof and furnace (both needed replaced). 

The most important rule is to have the cash flow of the new property be able to pay all its expenses, mortgage, AND the line of credit back.

Monty, take a small amount of time to work on your credit daily.

Hi Jerrell,  The best option for trying to get a HELOC on a property would be to check with local credit unions. 

And your credit will be ruined for like 7 years.

the claim that you fixed their credit or helped their credit just is hollow. once in foreclosure their credit is trashed.. going to sale does not hurt it any more or less..

I guarantee you are more likely to secure favorable terms if the seller likes you and can imagine you as a great operator for the business.

The barrier to entry seems high, and the price-to-rent ratio isn't very favorable.