It doesn't affect the banks requirements.Banks have three basic requirements for an investment loan:1) credit score.

The premise is this- although the mind is incredible in many regards, it STINKS at keeping track of incoming tasks and getting them done.

I also just spoke to a friend and if I start doing volunteer work a Habitats' Re-Sell I will be able to purchase incredible bargains.[ I have never volunteered at their stores before but have volunteered with the actual refurbishing]my son and I are both autistic [ NO that is not his disability.

I started out with a credit score of 790 when I bought my first rental.

You May have been to a Guru seminar if..........You believe brokers will continually submit deals to you although you have no capitalYou believe lenders look at the property ONLY when considering whether to lend you money, so that your multiple bankruptcies, credit score of 490, and $80,000 in credit card debt won't matterYou think that commercial real estate sellers will accept post dated checks for $100 as sufficent earnest money.You believe no seller is sharp enough to see through the numerous “weasel” clauses you put into your purchase contractsYou are persuaded that the only difference between a $1000 transaction and a $1,000,000 transaction are the amount of 0'sYou believe everyone who critsizes your plan is jealeous and wants to see you failYou believe that 20 years of hands on experience, a four year college degree in real estate and yearly mandatory education seminars can be trumped by the “intense training” 3 day seminar you just paid $7000 for.You believe that the $7000 you just borrowed on your newly increased credit line to pay for that seminar is an “investment”You can't believe people actually wasted $80,000 and four years of their life learning “useless” information in collegeYou believe assembling your real estate “team” is your key to success and a necessary first stepYou believe you can actually contract with the best “players” in the industry although you have no experience, capital, or track recordYou believe that once you find the deal that fits the formula money will come to youYou believe that your Guru has provided you with exclusive information on how to find “bargain” dealsYou believe one in a life time “steals” are an everyday occuranceYou believe you can be successful working “the system” on just weekends and holidaysYou believe the Guru got rich by actually doing real estate deals rather than by using a slick promotional sales and training systemYou believe the personnel provided to assist you are actually real estate investors who actually have experience and knowledge and aren't just some failed salesman reading from a scriptYou believe you're the first person to think of using BiggerPockets as your source of wholesale leads or to build a buyer listYou believe wholesaling is investingYou think the term is “whole selling” not wholesaling.

For this reason you want to select tenants with good credit scores that value their employment relationship so that they have something to lose when you take them to court. 

Quizzle says our credit score is 694, FICO says 704, and Karma Credit says 720.

Quizzle says our credit score is 694, FICO says 704, and Karma Credit says 720.

This post actually has nothing to do with buying real estate with cash, and is all about credit-score remediation programs.It's not a government program.

Can you show any financials and credit score to assure him you'll do what you say you can do.