I'm 20 years old 740+ credit score and a base income of 37k annually(over 40k with OT) working at same company for a 13 months now I'm not sure where to begin and what my options are.

They still happen, but don't try to apply logic.P.S.

Yes yes I'm in my third day today is Saturday I am still skeptical a little exhausted and I am trying to understand why I have not retained any of the express information that the instructor has been throwing out there for 2 days maybe it's just me. and I don't understand why I am trying to pull credit to pay for a program that I thought was doable for the $1,147 I spent that was my introductory cost after attending the class on the second day I find that there are advanced classes that they would like you to apply for I'm a little confused so I'm not only using their resources but I am buying into a system that I had no idea that I was getting ready to buy into LOL if this makes any sense please reply note I am submitting retirement documents regarding my 401k bank statement regarding my savings and banking account checking and I'm online applying for a $20,000 credit line help reply thanks.

if they don’t make much money and are on  Section 8, they are not collectible.If a tenant has been employed for more than a year, they most likely won’t leave their jobs, and their credit may be okay.  

It will show my loan account as active and current but mortgage company will report all credit bureau on monthly basis that I'm on "Forbearance Plan".

. - If you turn that equity into a line of credit, you could buy fund 18 SFH turnkey properties (@$70k) in Indianapolis with an average rent of $750 which would equate into over $13,000 per month of income.

Credit reports and eviction reports are a very important part of screening as well. 

The home has $100k in equity so my first choice was to just expand that line of credit which would give me enough for purchase and rehab and then I could do a cash out refinance on the new property and pay off the HELOC.  

Here's the numbers:Single family house in NE San Antonio. 1,456 square feet, 3 bed 2.5 bathPurchase price: $105,000Rehab; $20,000Hard money loan: $112,500Cash out of pocket (From HUD stmt):$12,500 (down payment)$2,250 (points)$385 (lender fees)$892.50 (title fees)$1,320 (insurance)-$2,001.34 (credit for unpaid taxes)Total: $15,346.16Actual rehab cost: $19,678.12Hold time until rehab and refinance complete: 98 daysInterest expense: $3,020.55Refinance loan terms: 30 year adjustable rate mortgage at 5.75% interest fixed for 5 years at 85% LTV and 1 point.Appraised value: $164,500Cash-out refi amount: $139,825Cash back in my pocket after lender fees, title fees, down payment, interest expense, insurance, etc are all accounted for: $5,389.50Now the place is rented for $1,200 a month and I figure I'll pocket about $200-$300 a month after expenses and mortgage payments and in the end, no money tied up in the deal!

Hello all,

For a little over a year now Ive been trying to get as much info on flipping and inventing in real estate as possible.

For the longest time having enough savings for down payments was my biggest obstacle....