Ridge Lending All in One, first position HELOCAmericafirst 80% LTV on noo 65% LTV UtahArvest Bank AR, OK, AL, MOBank of the westBB&T will loan on a rental portfolio, tooBBVA CompassBoeing employee credit unionCalifornia: Cal Coast Credit Union and Fremont Bank.Citizens first position HELOCCMG a financial 70% LTVEast West Bank, up to 60% LTV with "no docs”Figure 80% on a rental, not in LLCFirst Florida Credit Union https://firstflorida.cumortgagecenter.comGreat Lakes Credit UnionHSBC 70%, for premier clients onlyHuntington 75% LTVHurst Lending and Insurance Investment property HELOC in Texas.

My contracting team and I have talked about them getting like a 100k line of business credit that we can use to off set draw lag. 

But it does happen. the major risk is to the person you bought the home from. its their credit at risk.and of course if you put any down payment that would be at risk as well if things got bad.when you go into these deals you need to know if the bank does call the note that you can refinance and pay it all off or you have the cash to retire the loan.. anything short of that and your at risk .

I am a longtime landlord that has normally just rented my unit to individuals after I complete my normal background and credit checks. 

They can guide you on how to improve your debt-to-income ratio and potentially qualify for favorable financing.Schedule a meeting with a mortgage professional who can review your financial details and provide personalized advice.

I have maybe 100.00 of liquid cash, my credit score is 577 and I have a home 3 bedroom that I pay a Mortgage too.

Also, sometimes you hire uninsured people, e.g. a cleaning crew at the end, so having the insurance is rather justified at that point.For better or worse, if you can pay everybody with a credit card, you don't need to file 1099's..

It would be great if they could have the option of reporting to credit bureaus to increase their credit score. 

Direct mail is somewhere in-between.Just pick one outreach method and grind at it for 12 months, putting in the work no one else will.I'm sure your you can get access to a list through your brokerage.Make sure you have a good tracking system in place to follow up.Start with a script, use script at least 100 times, track KPIs and objections, then make improvement to script and repeat.Once they are interested, you'll need the T-12 and rent roll to get started on creating the OM. 

Prime interest rates, or the rates the government lends to banks, affects what rates banks can lend out their money at, as well as many credit card and other rates that are based on it.