Secondly, is it common to do a normal application fee for background and credit?

Credit?

I have no problem keeping it down, I just would also like to live in the apartment as well, not feel like I have to tip toe around, if that makes sense.

I also put all of the materials for the project on credit cards (don't recommend) so I was about $30,000 in credit card debt before I finished and paid off my debts.

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.

In most cases, it’s because the investor couldn’t raise the capital or didn’t have the credit score to do so.

The cost of the rehab is ~$250,000 with estimated ARV of $1,200,000 and the total rent at $13,000, which would generate good cash flow.I make $100k, have really good credit score and ~$100k in savings.

They're targeting credit card companies, banks, hotels, airlines, utility providers, food delivery service, restaurants, auto dealers, event ticketing companies, and last but not least, property management companies.

@James WiseI am going to borrow the money to pay my buyers agent from a crocodile lender, then ask the seller to sell it subject to and finance 100% the equity at 0% interest I will then take an advance on a credit card that is 0% and within 12 months I will be able to refinance everything when rates go back to 3%.

Purchase price: $915,000 VA purchase, sfh, 1st floor fully remodeled for sale, incentives in purchase - 15k cash credit (paid warranty policy, outstanding HELOC, loan fees).