PM me if you want a recommendation for an excellent lender that's licensed in FL that I have used before.

The credit impact is likely to be minimal and if I recall once you are over the excellent credit threshold the rate doesn't really change anymore, I want to say that the excellent credit threshold is in the low to mid 700s but don't quote me on that.

I guess the real question here is i suck at excel and would love to see template examples of some sheets that auto calculate well like for when i input my expenses after rent like percentage saved for vacancy repairs and capital expenditures plus other miscellaneous expenses to help me remain error free. lasrt thing i want to do is realize i forgot something then have to re do the whole thing months from now.

@James Wise that is excellent advise and it is nice to see St.

This is an excellent place to learn and network.

David Greene's book is indeed excellent, it's basically a how-to.

John is also an excellent resource for building your network of handymen, brokers, lawyers and CPAs.

Theres lots of examples on here of other investors doing the same thing and it became an excellent start.The great thing about the FHA 203K is that you can actually buy up to a 4 unit property with it.

I do have excellent credit and a tenant in one of the properties and it is cash flowing about 500 per month.

I know in the MA/ Northeast market they're not likely going to be considered secured financing because of the lack of credibility they have.