If the house appraises at $X ARV, then often the loan a can be 70-85% of X, assuming a decent credit score and a 15-20% down payment against the purchase price.If you flip, the loan, usually interest only, will be paid off on the flip.

I've got a potential tenant that has a credit score of 563.

Title co (buyer's choice) takes their sweet time to answer questions, but sent us the castrated version of "ALTA Settlement Statement - Seller" (http://www.alta.org/trid/download.cfm?

Credit score?

@Wes Blackwell has posted a lot of great analyses on the subject recently; search the forum and check them out.Cliffnotes version is that Sacramento has gone through a cultural transformation such that it has become a very desirable place to live.

You're likely to find that the score is not as important as the content of your credit report: why is your score so low?

- Loan Amount left: 184000- House Value: 240000- Credit score is near perfect- No debtThe house needs work.

The bulk of our borrowers do not qualify for conventional for a variety of reasons like less than 2 year's self employed, debt to income ratio and credit issues that have driven their score too low to qualify.Stephanie

From a realtor's perspective, doing a lot of CMAs (time), and then showing a lot of houses (gas money and more time), and writing a lot of lowball offers (more time) that most likely won't be accepted (we all know it's a numbers game) means a lot of effort with the final result - if they're lucky - of scoring a very low purchase price property and getting a tiny commission that they divide with their brokerage.

Jack Bosch also just came out with a new version of his Land Profit Generator course and I've heard good things about the Land Academy program.