Take stock of your current credit score and accounts.

Other than paying for an appraisal or BPO (and maybe a credit report), you should not pay a lender anything until your loan funds.

THANKS Your local credit union might be your best bet.

What's the lowest credit score you will allow?

But without the experience, knowledge and capital (actually CREDIT CAPACITY) I accumulated the prior 2 + years, this transaction would not have been possible.

Yes, your rate will change but not much if you have good credit it will go up around 5.875% to 6%.

intrest free credit cards and cash How did you add value to the deal?

i am adjusting my strategy and going to try to keep expanding my funnel.I don't think @Russell Brazil is saying to go out and blindly buy a terrible deal... just that no, the ship hasn't sailed on Boston (as I don't think it has either) and RE remains a good investment.happy to continue to dialogue... hope this helps

New construction, fully decked out on the design and amenities. purchase price 785K, 40K in seller credits, 120-140k gross rental projections What made you interested in investing in this type of deal?

Quote from @Daron Williams: I just invested in a tax deed here in texas it was a beautiful lot right on lake sam rayburn. i have it on the market for sale the only problem is you have to have two lots to build on.. i found the person that owns the lot to the right of me and there willing to possibly sale there lot the only problem is i dont have the money or the credit  to purchase it.