Due to my income and credit I can not qualify for a conventional loan.

Good evening BP community,I am curious whether or not this is a presence on BP of whom are investors and/or owners of any section 42- tax credit assets throughout the country?

Figure out what your requirements will be - income, credit, rent amount, deposit, how they'll pay rent, etc.The day you close, get in there and make whatever minor repairs are necessary that would show up on pictures. 

Which mortgage lender / credit union do you go to for conventional loan in San Jose / Bay Area?

A local credit union quoted me20% down, 5.75%, 25 yr AM with 15 year balloon but 5 year ARM for a 14 unit I have under LOI.Seems to be the most competitive offer I have so far in terms of financing

Thanks everyone, Its our local credit union, we have a decent relationship because we used them on our last project.

This caused me a rise in interest rates and the second hit to my credit since it had to be pulled twice over the period of closing. 

100% financing is tough...even for private lenders, unless there are compensating factors (great track record, proven successes, strong reserves, great credit score...maybe even good job/w2 income (usually not a factor for non-bank investment property lenders, but may be for a private individual)). 

I have some good things on my side...a little experience with landlording, flipping, I'm a licensed Realtor and have a close to excellent credit score.

I'm a civil engineer with a steady income, good credit and no debt.My question to this forum is, how do I go about?