Hello,First off, I'm a 21 year old college student with little to no credit looking to purchase my first investment property with my dad.

Hello everyone - i have a question about the feasibility of a strategy I hope to employ in the coming months to make my first real estate investment:I currently gross ~150K annually, have a 750+ credit score and have saved ~$40k that I can use to purchase an investment property.

Give us the credit, Income profile for your tenants.

I would find a secured credit card with the lowest interest rate as possible.

I'm wondering if anyone has any preferred sites they use for credit checks and background checks?

I would hold back in cash the rule of thumb percentages each month, but have a credit card or line of credit available for the unexpected. 

So Heather,If we work these numbers backwards, use $800 rents and  use conventional financing I'm currently getting through a credit union, which may not be what you get.

I went ahead and submitting info to get pre-qualified with him as well.My mindset was, I might as well talk to a number of lenders and get pre-qualified with a few of them at around the same time so all the credit pulls count as one.

I want them to try hard and finally report it to credit bureau.

I have both mortgages on using my credit and my wife is on the deed only.