I have had a tenant in place for almost a year who looked like a bad renter on paper (low credit score, fluctuating income, criminal history, etc) but she turned out to be the dream tenant.

Originally posted by @Li Tolentino:What are the tax consequences for investing in syndication project with a self directed IRA?

Originally posted by @Jason J.

If yes, a purchase money mortgage may be a good option...originate a note/mortgage to your end buyer...structured on a balloon you're comfortable with.

Not all Hard Money Lenders require your personal credit report or score. 

Originally posted by @Caroline C.

Originally posted by @Chris Svendsen:I would look into turning that 120k into 4 or 5 more properties that cash flow an additional 2-2.5k a month, thats where you missing the boat. 

Originally posted by @Jesse O.

Originally posted by @Dominic Courtney:Congrats on the deal Chris, good luck on getting the next one. 

I hope this isn’t a dumb question, but when comparing rates and terms for HELOCs from different banks, is it possible to provide my income/current expenses/credit score or SSN to run a credit check and estimated home value to different banks and get a good faith estimate of what the rate would be without having to apply first, since, from what I understand, I can’t apply at more than one bank at a time because it would be considered mortgage fraud.