I encountered some challenges in properly equipping my tax preparer with the documentation necessary for 2017’s filing.

Years ago we spoke with a lender about several types of lines of credit.

This will be my first commercial loan due to the amount of units I am acquiring.My assumption is the loan would require: great credit, at least 25% down payment, and reserves?

Did anyone tell you that investing in rentals was a job, it definatly is and you should be prepared to work very hard to earn that fortune you will end up with.

Be prepared to pay much more initially but it will reduce wear-and-tear, cut down on cleaning costs, and you could even learn to install it yourself to cut costs.

So long as the property rents for the same or more than the PITI payment, then your good to go. 600-660 minimum credit scores up to 80% LTV or 20% down payment.

No Bank, No Credit Needed Requires $50,000 cash Assumption: Turn Key company has found and rehabbed property and found renter to install Assumption: Turn Key company has found property with equity and taken over loan with Subject To or Wrap.

It is a small additional fee over the credit check fee. 

My situation: $135k HELOC, ~$5k in cash, and good credit score with steady primary income as a Financial Analyst(meaning I should probably know this answer haha).

I want to make sure whatever property I purchase, will have a steady flow of income that exceeds my mortgage payment once I plan to rent.But, I feel that there are going to be some hoops to jump through considering I am 18 years old without any credit score.