In the 20+ years that I've been buying at auctions, I've seen hundreds (no exaggeration) of new, inexperienced, investors attend the auction with hopes of scoring a great deal.

I think there are loans available for 650 credit scores from some lenders, but you'll need to check.

The loan officer and underwriters were more interested in our credit score, payment history, debt to income ratio, our assets, our tax returns, our job history, and the assessed value of the property we wanted to purchase.I wouldn't be signing any lease/rental agreements on property that I didn't own.

While you have the time now, make sure to nurture your credit score as it will play a big role in many of the financing scenarios you'll be in as an investor.

I had enough left to complete the rehab as well.You may end up with cash in your pocket, BUT your credit score takes a huge hit when you max a credit card out.

What follows is a simplified version that has been translated through my limited vocabulary and math skills.

Any version of a security instrument in between, that's over 180 day, will not be favorably viewed by the courts and the tennant could ask for a full refund of all payments made.

Get an attorney to draft a contract form for you or ask the seller's attorney to send you his version.

I'm hoping someone can possibly give me some advice on helping improve my score more specifically utilization....I recently put an engagement ring on a no interest credit card for 24 months.

You can also use the free version of Podio and create a form that will automatically upload the data to the CRM.