Your credit score will be a factor when you first get started, but becomes less of a factor as you establish your business' credibility and creditworthiness.

@J Scott and @Steven Hamilton II have provided excellent interview questions in previous posts, which I will use as a guide.

Also locate and join a local REIA group to obtain contacts (agents, investors, and cash buyers) so you can gain credibility and knowledge.

I have already determined that I like the numbers on this property and the location is excellent.

If you own it free and clear, it will not hurt you in getting a loan on another property, it will just not help you by providing additional income.Start keeping excellent records now...you are going to need them later.

It has the copper fittings and crimp rings (as opposed to plastic and aluminium) and looks like an excellent installation, however I am worried about a buyers home inspection calling it out.

It turned out to be an excellent adventure, being the only one there, the auctioneer and auction rep spent a considerable amount of time BS'ing with me about how the process works.During the auction the auctioneer kept bidding on behalf of the beneficiary so I asked what that was all about.

I'm fairly sure you can upload an excel file for mass mailings.

. , your properties look excellent.

So, if you can not sell it to a B to C buyer in that time frame, then you can opt out of the contract.That being said, I knew when I posted this strategy this may open up a can of worms and both Bill and Joe offer excellent advice.