They will scrutinize your credit worthiness, your income, and your history.As far as the property is concerned, have you completed a full financial analysis, included rents, operating expenses, debt service, capital expense reserves, and cash flow?

Hard money is different in that the HML will want to check your credit worthiness, will want you to have a specific amount of skin in the game (your own funds), will only lend up to a certain LTV, will usually charge at least 12.5% ineterst these days, will want points (usually a minimum of 3 points) and the terms rarely go past 12 months.

Nearly all debt/credit providers are going to bucket you, and generally, the "best" bucket is 760 and above (though I've heard some say 750 and above or 780 and above).The reason for this is that -- as Bryan alluded too -- the difference between a score on the lower end of that range and a score on the higher end of that range has little to do with creditworthiness, and more to do with understanding the algorithms that the credit bureaus use and attempting to optimize your credit decisions around them.So, if you have a credit score in the upper 700s or better, I really wouldn't worry much about how to improve it.

I think mainly because of my limited credit history and that I am just starting in this business, I don't have a track record to prove that I am creditworthy yet.

there are hard money brokers on bigger pockets that will make your money very passive and off hands...they'll take care of all paperwork, make sure the borrower is credit worthy and has a track record, and make sure the deal is good...all you do is wire money and collect points and interest checks...joel soforenko is a broker that comes to mind on this forum...

But these loans are generally for good, creditworthy borrowers with MF experience.Let me know if I can help.

With that clout you may be able to get significant owner financing.So let's say you need $800K to buy and rennovate - you could gain financing of the remaining sum by the "entity" credit worthiness and ballance sheet of the ownership consortium.It would take some leg work - but that's free.

I've never seen any studies that indicate sexual preference has any impact on credit-worthiness, trust-worthiness or integrity... :)

What is equitable when the government’s loan model allows banks to bring the economy to its knees such that a large proportion of credit-worthy borrowers can’t obtain loans?

If you do then eventually it will limit your credit worthiness; either you'll be too extended or your debt to income ratio will prevent you from applying for additional financing.