However, my credit is only fair and and FHA loan is not a option. ( 4+ year old closed credit cards that are being paid off). 

Or if it is a small deal in OH maybe you know someone who can use a credit card to help you purchase it, then rifinance it into a non-QM (i.e. semi-soft money) loan. 

Not completely new to real estate .I own one rental property and one paid off condo that I live in.Trying to find my next deal .But I have an issue with my credit and having issues getting a loan from a bank.

Worse case scenario they told me over the phone (pre-screening questions) that they're credit score was probably around 400, so that would exclude them anyway according to my Standard Qualifications. 

I have good credit (730) but only about 10-15% down so I am looking for alternative financing but I have no idea where to start.

That said, I'm assuming that purchasing (and living in) a multi-family unit may be beneficial due to first-time homebuyer tax credits?

Credit score is about 650 with a stable job, dont have a lot of personal debt.

Hey I hope some of you guys can help me,I recently graduated college and have limited work and credit experience.

Don't forget to do credit checks, etc. for the tenants.

My question is which of us should apply for the loan to get a higher loan amount.Me:Monthly gross income: $2500Computed Debt Ratio: 0 (no debts)Credit Score (Transunion): 625My Brother:Monthly gross income: $5000Computed Debt Ratio (using https://www.mortgagecalculator.org/calcs/debt-ratio.php): Frontend 19.5%; Backend 45.66%Credit Score (Transunion): 667So which of us should apply for the loan to get a higher amount?