**Conventional Loan:**- Conventional loans might have better interest rates but often require higher credit scores and more personal income verification.- They might not be as flexible as DSCR loans for investment properties.

Hi Nadia, here's a few things to consider:Credit Score: Set a minimum, like 600-650.Income: Require 3x the rent in monthly income.Employment: Verify stable employment.Rental History: Check for positive rental references.Background Check: Make sure they don't have any criminal history.Security Deposit: Typically 1-2 months' rent.Pet Policy: Decide if you'll allow pets and set fees if needed.

Both have credit scores of less than 550 and less than 60 % on-time payments.

Hi @Joseph BaenaHere is a tip for you as you get into RE investingThis website is a great reference point for figuring out what each area is like. https://www.areavibes.com/It gives you a total LIVABILITY score for each street and zip code.

Hi, I have an applicant who is 20 years old with a low credit score.

Huntsville, Alabama Huntsville’s score: 83.30/100Huntsville is the most populous city in Alabama, but its population is still under 225,000.

Over the past few years, my wife and I have worked hard to improve our financial health—we’ve raised our credit scores above 800, paid off all debt except for our mortgage and student loans, and saved a fair amount.

They do not however have the knowledge, credit score, or physical ability anymore to fix or get into real estate.

Dealing with a mortgage broker and have reached out to my credit union, but looking for suggestions of trusty brokers that the community has used in the past. 

Hi @Brandon HansenHere is a simple tip for youThis website is a great reference point for figuring out what each area is like. https://www.areavibes.com/It gives you a total LIVABILITY score for each street and zip code.