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

@Luis Barberi That is also a good thing, it will probably be a little difficult unless the company has enough size to be talked about on the internet, but either way, be very diligent and aware and you will do great.

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....

Internet, mail, newspaper, print, signs, business cards, door knocking, etc etc etc.......

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

Given I plan on doing a lot of traveling at the same time, I'll probably end up need a property manager running most things (incl. finding tenants).I'm of course going to do more internet searching for a lot of this information and continue doing more research around here over the next couple weeks, but if there's any immediate 'gotchas' I should be watching for or things I should get rolling now because they take time (e.g. setting up appointments to see places, getting mortgages pre-approved).