Not sure how much they look it to the application as far as use like a mortgage app.If your income is about $120K you'll likely get an unsecured line of credit at 30K, with good credit and no large debts, it will be issued as a credit card.

Our only monthly debt is our home, which we pay $1135/month on and is financed @ 3% for 15 years.

I had bad credit, school debt and had to borrow my first down payment.

If you're comfortable and know how to positively leverage debt, I suggest you borrow the max that the lender would allow.

I'll work until I die in some fashion but I want to show my children that going to school, graduating college and getting into huge debt to buy your house and work for someone else isn't the way!

Here's the situation:My sister-in-law is in serious debt and can no longer afford the payments on her house.

I plan on eliminating this by using the company and coming to an agreement with the company and employees (they have granted me a go if it is possible) and the money would be deducted from their paychecks and the company would deposit into my account.I also heard that a lot of these properties hire a property manager.

We scrap what we can for $$ and it eliminates a service provider.

We know that it is not worth $210,000 since it hasn't sold at $200,000.If I am using debt capital I prefer a return of 3 percentage above my cost of capital.

They are looking at credit rating and debt to income primarily but I think having all your checking and savings might be helpful.