I also think it is powerful to recall when you mention buy and hold to not forget the second component, holding.  

We typically buy with other lenders and not so great terms and then refinance through these guys once we have stabilized the property with generally a value add component.

I also discovered the BP podcast by reading The Rental Property Investing book. 

I then discovered how quickly you can build wealth with investment real estate.I did a lot of things wrong and continue to make mistakes everyday.

We reserve the right to make exceptions and we reserve the right to not approve you if you meet these requirements due to other factors discovered in the evaluation process.Toledo: We are looking for 525 min credit score, 3x income, no evictions, no bankruptcy within 5 years, 3x income, limited criminal/collection accounts.

But contrary to popular belief, it is not just one number; rather four separate components: (1) New jobs, (2) Unemployment rate, (3) Average hourly earnings, and (4) Employed.

I just discovered BP in July and have fully committed to learning as much as I can.

When I took a look at our finances, I discovered that we pay over $2500 a month in loans and credit card bills alone.  

There are two things that I recently discovered that threw me for a loop. 1)Wait, I qualify for how much???

Depending on what kind of funds you need, for what, and what terms you want- it is not a one size fits all and they vary a lot so I have discovered.