Account Closed So does this Tenant Buyer normally have poor credit? 

Doesn’t look like a terrible deal .

I know personally people tried the fast way to be rich and the outcome were terrible unfortunately.

If the tenant is worthy in terms of other factors like income and credit then I don't see anything wrong with them asking for what they want.

HELOC's are like credit cards, but your home is the collateral.

If you have a good credit score, reliable income, and a decent DTI ratio you can carry up to 4 conventional loans.

Among the benefits of this are:1) you can claim the deduction even if you do not itemize your tax deductions2) it can lower your AGI, which may make you eligible to claim additional tax deductions or credits

I was wondering if anyone had any valuable input on what to ask a small credit union if I’m looking to take out a loan to buy a property....I don’t have an LLC, I do want to own property as a business, I have good credit ~780, I live in Columbus Ohio, I have two full time jobs; turnkey is ideal....

Wait until the floors are done, if you don't the house will show terribly, and the pictures will not convince potential tenants to even inquire, not to mention that they can't move in for 2 weeks.

After credits I actually brought less then 10% to closing on the apartment complex.