Only 3.5% down, low credit, lower income, are those not the BEST reasons for them NOT being ready to buy that thing? 

I have a personal bank account, two LLC's each having a bank account, about 10 credit cards with 2 of them being business cards. 

Do you get credit score, eviction and criminal background checks for that $25 fee the tenant pays?

Do what is good for you.Lending money is the easiest, low hassle, low worry way to make money.

Hey Inga,I have seen in the past typical seasoning periods to be 6 months, I have seen it as low as 4.

Specifically, the areas near Wake Forest Medical School and Wake Forest Baptist Medical Center have attracted investors, as students are seeking rentals during residency.Favorable Tax Laws:  North Carolina boasts relatively low tax rates compared to many other states, with property taxes averaging at 0.70%, which is below the national average.

Consumers were left reeling from plummeting home values and credit markets tightened.

He might  consider  selling to you and saving some funds in his  bank and  using a reverse mortgage to  purchase the proeprty .   2)  for your side -if you need to keep the down payment low - using the  VA loan is a great idea ...already having a VA loan outstanding you might have an issue  using another VA loan . 

The properties are cash flowing with a low entry cost to purchasing the property.

We continue to have low vacany rates all over the city and rent prices continue to steadily rise year over year.