@Tammy MariuttoThis statement brought a smile to my Face:I Really have No interest in hiring a mentor, which is what they hope to sell during this seminar.If anyone goes with you, tell them to leave the Checkbook and Credit Cards at Home.Raymond

They will take your gross income (before taxes are taken out) and add up any expenses that are reflected on your credit report, i.e. car loan payment, home loan payment, credit card payments, etc.

Condos can be such a wild card.

But if you're doing things like selling items, having users create profiles, things that would make you the 'holder' of your users personal info (especially credit card stuff), I'd get with someone that knows about websites and the legal implications.

Your net worth is essentially your financial report card and it indicates your financial health.

Federal and State laws apply apply regardless of your source of funds, but there are exemptions when you fund with your own money, not a get out of jail free card, but you're not as restricted as other lenders that have investors or others involved in funding loans.As I mentioned, what the public might be engaged in as acceptable or common does not make an activity legal or compliant. 

I have setup an LLC with business banks accounts etc, but I havent got a credit card yet to start building credit for the company.

Focus on paying off all credit card debt as well, and free up as much of your income as possible by cutting your bills and spending.

We want to use the rent proceeds from the house in PA to off set our debit to income ratio while purchasing a new home in Florida.

@Chris WallaceCredit cards?