OK I have an investor wanting to JV on a multifamily portfolio (6 houses), he will provide half of the down payment and find a line of credit for me on the other half.

He said I need to learn how to value properties better or I’m not going to get a deal from anyone.So I’m just wondering if Im takIng the rIght approach on preparing my offer price. is 65% too low , am I over budgeting in repairs, or was my offer fair?

Your credit, experience and liquidity are the determining factors. 

I dont know if i should get a line of credit.

From everything I've read, this should be covered by a landlord insurance policy that covers damage done by tenants (specifically, this tends to be categorized as Vandalism because the tenant is knowingly doing damage to your property).Here are some photos of the aftermathtldr; A tenant smoking meth cost my colleague over $25,000.The key takeaways here I believe are: 1) get a good insurance policy, being stingy might cost you years worth of profit, 2) screen your tenants well and inspect frequently (especially for lower class properties), and 3) be prepared for unexpected costs, this might be a rarer case but **** happens.Also I'm not a lawyer or insurance expert so you should consult professionals with regards to your state laws and local insurance policies to figure out how to cover yourself from a situation like this.I'm interested to hear if any of you have had to deal with something similar and also any suggestions you might have.

Maybe the falling stars represent her fall from grace and the second one Is her falling credit score

Credit histories are reviewed my mortgage lenders as one of the underwriting criteria in determining credit risk.creditorA person to whom money is owed.credit reportA report of an individual's credit history prepared by a credit bureau and used by a lender in determining a loan applicant's creditworthiness.credit repositoryAn organization that gathers, records, updates, and stores financial and public records information about the payment records of individuals who are being considered for credit.debtAn amount owed to another.deedThe legal document conveying title to a property.deed-in-lieuShort for "deed in lieu of foreclosure," this conveys title to the lender when the borrower is in default and wants to avoid foreclosure.

Do some shopping around and call credit unions in your area to see which are giving the best rates and who you get a good vibe from.

Without selling, I want to tap into some of it for investing purposes, but I've got the good old favorite DTI hurdle that's preventing me from more easily accessing it from a conventional lender (I checked with a credit union already).

As I was walking in, Kent Clothier Sr was preparing to walk out.