This can lead to more chances and give you a better grasp of the sector.To finance real estate transactions, it's critical to have a solid credit history.

Can we ride on our credit for some of the ownership or would we need to put in $$ for the financing, too?

The appraiser may need you to provide information such as purchase price, survey details, improvements made, legal description, etc.

Upon checking out the home, I felt comfortable offering 240k and no credits due to my prior experience of checking out homes in the area.

@Dan Aharon, depending on your credit score, the rates should start in the 6’s. 

I just heard back from the bank and her response to my inquiry I emailed and said"I'm not finding any information that the adverse market refinance fee is still active, I've only found information to the contrary.Linked article from The Federal Housing Finance Agency mentioning the fee has been done away with as of August 1, 2021"Her response"You are correct, no hit for Cash out on primary residence, that has gone away but we do have adjusters for Loan to value and cash out loan to value along with credit score and 2-4 unit"This is problematic to me on so many levels, why was she willing to increase my interest rate based on her ignorance, who is watching and making sure these lenders are doing the right thing?

The labor market is still challenging (and not showing signs of improving based on the escalating average age of most contractors).

I will be able to provide a 20% down payment through the LLC, but the question I have is: don’t I need to personally guarantee the loan because the LLC does not have credit history?

Each house needed some improvements, so I offered zero down as my cash would be improving the units and his security of the promissory note/mortgage.He accepted as this is the 1st time in 7 years that he's actually putting money in his pocket each month.BTW, I resold each individual property on terms using a wrap around mortgage (which the seller is aware of and approved) at 7% interest to other landlords.

Connect with a lender to see what you qualify for and how you can improve that situation7.