Unfortunately, even with my 800+ credit score, and a DTI ratio below 15%, they would not give me the HELOC because the Lexus report turned up that someone was renting it.

Interested to find out if your personal credit scores are good.

BE the REAL VERSION OF YOURSELF ALWAYS.

Felix, generally you'll need ~25% of the purchase price, and the lender would fund the rest, as well as a ~600 and above credit score.

Property has 100K in equity with a 600 credit score.

A little about myself; I have no debt, 806 credit score, have 35k to invest, 15k available to use from access check on business credit card (plan on using for minimal rehab) and will be receiving loan from family for 20k to help invest at a 5% return to them. 

With my DTI is high due to other loans, Makes it hard to get a loan from the bank, Anyone have suggestion about a rehab loan that I may be qualify for, My rental income does not count since I only had those three properties in less than a year and my credit score just drop down to about 650.

At least 10 of those tenants will have 750+ credit scores and a combined $130,000+ income. 

These letters are run through a system that just mails them out to anyone who is over a certain credit score or meets some type of a profile match.  

.- I just have been working my current employer for the past 3 going on 4 yrs with a 401k less than $5k- My credit score in two categories arrange between 610-650 with the third one being under 600. - I have 30k in school debt, which is the only thing on my credit report.- My DTI is 60.4 at is highest- After talking with a mortgage broker I am looking at the approval of about 100k-120kNow my goal is to purchase a multifamily property that would do at least two things: [1] Pay for itself with me living in one of the units [2] cover all expenses of home and personal.What would be possibly the stronger avenues to explore when getting financed regardless where I by my first multifamily property?