You need to have reserves in either cash or credit regardless of the situation. 20k can go away in a blink.

Bank Credit Line How did you add value to the deal?

. :)  these are not credit score loans ( I mean I have a credit score) but thats just a formality its all about capital and relationships with your bankers and deposit relationships thats key as well.Yes your relationships with sub contractors will be a huge factor in profitability, both direct and indirect. 

Any local bank that does this kind of financing should be able to approve you as long as you have a good enough credit score and never declared BK.

Some credit unions will go to 85%-95%, but there are just a few that will do 100% loan to value! 

Your credit, investment history and bank statements will likely be evaluated and you'll need to personally guarantee the loan, but you can close under your LLC.

Tyler,Within my 20 years of experience as a landlord, if I had $150k and good credit, I’d focus on either flips for fast capital or rentals for long-term cash flow—trying both at once can slow you down.

Rates are hovering in the mid 7s depending on your credit score.

We only require a soft credit check as well. 

Cincinnati has more history and an established feel, while Columbus is growing fast and has a lot of energy.