In advance: know what credit score, income, and equity are needed before you purchase to be able to achieve this every five years.

We're currently in California and invest exclusively out of state in the Midwest.Happy to connect and share all the failures success tips tricks and tools if you're interested.Reach out connect and DM.

Getting prequalified for a loan is free (or should be) and usually is a soft credit check. 

I was able to give them a warning, and was in a position to negotiate a purchase or refer them to someone who may be able to help them.I would explain their rights and what they could do to delay a foreclosure auction sale.They could:File a counter suit if they feel they have been wronged, that the bank did not credit payments on time.

Hello Everyone, I was wondering if any Real Estate Agents had tips and tricks on prospecting?

We market the home, handle the showings, application, credit and background checks, verify income etc and then submit to the owner for approval.  

Any tips/guidance is of course appreciated.A few details: Looking to house hack a small MF in the Knoxville TN market, not currently connected to any agents or lenders

You need to start building credit.

Does anyone have any recommendations on banks that will lend to lower credit scores?

I'm taking all of the expense percentages like 10% capex, 10% pm, 5% repairs and maintenance, 10% vacancy, $100 ish for home insurance based on my area, 0.7% for PMI based on my credit score, and then standard amounts for utilities, lawncare, and WiFi.