Credit is good and rental incomes cover monthly "nut".I'm knee deep in boosting NOI on my 1st commercial apt - 6plex that was seller financed - but thinking out to a cashout refi.

I'm 20 years old 740+ credit score and a base income of 37k annually(over 40k with OT) working at same company for a 13 months now I'm not sure where to begin and what my options are.

I'm 20 years old 740+ credit score and a base income of 37k annually(over 40k with OT) working at same company for a 13 months now I'm not sure where to begin and what my options are.

Are you prepared for that?

Preparing one is where the fun is.  

After the first $500 they would then ask you to join by taking out a $15k credit line that of course they said you would make back!

if they don’t make much money and are on  Section 8, they are not collectible.If a tenant has been employed for more than a year, they most likely won’t leave their jobs, and their credit may be okay.  

It will show my loan account as active and current but mortgage company will report all credit bureau on monthly basis that I'm on "Forbearance Plan".

As I'm preparing for this, I'm wondering what advice people have on home insurance--best companies they've found, or things I should be sure to note when I'm comparing plans?

. - If you turn that equity into a line of credit, you could buy fund 18 SFH turnkey properties (@$70k) in Indianapolis with an average rent of $750 which would equate into over $13,000 per month of income.