We use a trimerge credit report which looks at all 3 bureau accounts (Transunion, Equifax, Experian) and we use the 2nd highest score.

I would approach the mortgagor (owner) and let them know as a private and public service I am informing them that there is a problem.They appreciated the advance notice and information.

Heloc cannot be used as a PITI reserve and or as an asset which is required in underwriting when buying more REI.More tradelines on credit can also cause a scores to decrease and higher DTI through the bureaus reporting.

Additionally, this structure eliminates the need for active management, as the real estate assets within the DST are managed by the sponsoring entity.As an investor your level of activity would include collecting monthly distributions, receive quarterly reports on investment, file taxes annually and exchange DST year 7-10 years (sometimes shorter depending on the market).

The bookkeeping is good for some things like doing taxes or looking at reports of how things are performing, but it doesn't help much with budgeting and making day to day decisions for how to manage money.

Open to all and any ideas and contacts as this new arena is very different.Thanks in advance for reaching out

Advani directs our gaze towards the burgeoning economies projected to flourish at a rate of 3.9%, juxtaposed against the languid 1.2% growth of advanced economies.

There is much more for them to lose if anything goes wrong in the transaction as you can easily report them. 

If your credit is 680 or better, no lates on your credit report, and a clean b.g. and I can get a new investor started all day long given it is the right project.The right beginner project is one where the purchase price is less than 100k, total project cost less than 200k and loan amount around 120k - 150k. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.