My question is, I've heard working for the MTA is a big plus, but how bad will my credit score impede on me obtaining a mortgage?

The tenant is an artist's collaborative studio, incredible contributors to the City and arts community, but consistently late with the rent and in arrears.

I had a friend that was trying to close on a property, and his interest rate got raised by 2% on the day of closing because rates changed, they wouldn't allow him to rate lock sooner, and they changed the credit score requirements on him. 

Lender who doesn't put as much importance on credit score but focuses mainly on the asset itself.

We had 10 applications in the first two day, most people had credit scores over 700.

I also have over an 800 credit score and low debt to income ratios.

Using your personal credit card is not ideal as it will negatively effect your credit score and your DTI.

That being said house hacking is still an incredible tool and just because you don’t cover the full 100% / can’t quite cash flow positive you are still mitigating the vast majority of your families biggest expense while getting into an awesome business, building equity, having a shot at appreciation etc!

I studied for two and a half years about everything to do with real estate investing, I became a BP Pro member (shout out to everyone who contributes to BP, the wealth of knowledge here is incredible and truly helped me figure out where I wanted to invest), I read tons of real estate books, and had been saving every penny for years to build up my cash to invest.

It worked enormously well and I was able to deliver some pretty incredible returns.