Smaller local credit unions are more likely to be flexible with lines of credit, to include small loan limits.

Christopher Wedde I love the plan that you have set out and that you have been flexible with it as you've learned more.

Their terms are often flexible depending on the property.Send me a DM.  

I want to be able to support my family and have a flexible lifestyle. 

This myriad of services would allow us to use our various talents to be flexible in such a risky, fluctuating market.Now, to my questions for all of you much more prepared investors out there...Obviously we are a long ways from our end goal, but seeing how quickly we jumped to the next step already, I want to make decisions with our end goal in mind.  

I already know the owners for the 2nd are flexible and willing to hold a note.

I currently have a full time job with a flexible schedule and a good salary in marketingThe thing  I am trying to determine is where the financing for the first deal will come from.

Short answer with commercial financing,  banks have more flexibility, and yes it can be done, but many wouldn't want to. 

I'd revisit this analysis periodically to see how things are performing vs your projections and stay flexible with multiple profitable exit strategies to adjust course as you go. 

It's a kind of mindless "checklist" way of underwriting loans, and if your score is 1 point below the minimum it's denied and 1 point above is approved.If you know that you will be selling or refinancing with 3 - 5 years, then a more flexible "Alt" loan through a bank that combines a fixed period that converts to an adjustable rate is more flexible with regard to income and credit.Credit problems can be explained as a "one time set of circumstances that do not reflect ongoing consumer behavior."