I was never too keen on short term rentals due to the government/regulation risk as the model became more popular with folks trying to score quick wins. 

My credit score is excellent, Would a home equity loan or HELOC be better in this case?

How likely is it that I get approved for a $1M loan as my very first investment loan if I only have a good credit score and the place I’m looking into produces enough cash flow to pay for the loan and still put money in my pocket?

If you are looking to invest into real estate, I have found this site to be incredibly helpful.

Some adjustments include: Raising minimum credit score requirementsLowering LTC & increasing rates Delay in closing (some courthouses are closed around the country) Difficulties in scheduling appraisals MOST- loan closings will require Gap Coverage for the Lenders (where applicable and appropriate).

I understand there is a moratorium on interest payments, or at least it won't affect your credit score, not sure.

- What credit score do you use for your evaluation?

If you approached me with this idea I wouldn't need any profits from the flip to be happy, and I'd still work incredibly hard analyzing properties, running comps, negotiating offers, etc.

Me and my partners are likely going to be purchasing our first property before the end of the year, something that has being on the top of my mind is that two years ago I filed a consumer Proposal with tanked my credit score for a reason. when purchasing properties as a syndication, would any potential deals be hindered if one of the partners has a bankruptcy?

I was worried about getting dinged on my credit score.