So, it can be done for those who say it can't.I found this house by going to an estate sale on my way home from work one day and giving the owner my business card.  

They do not seem concern with specific score (if you have limited credit history or high credit card balances or inquires that lowered your score, it is ok)... but you need to have a history of paying your bills consistently on timeI am not sure of their specific DTI...

Might as well go get every unsecured credit card you can get, max them out and never pay a cent then, since the hit for the charged off accounts will likely be less than the judgements!

I've been reading and listening to the Bigger Pockets Podcasts, and I'd like to start attending REIA meetings, but at the only one I attended, I was asked for business cards and 1) I didn't have any and 2) now that I know that I need some I don't know what to put on other  than contact information.I haven't decided where to focus my efforts.

It's double nice that you're taking the time to send cards to your tenants!

So I asked them to give me one of their websites and I tested it out as a consumer (I hung up with the saleman and told him that I was not going to give him my credit card when I didn't really understand what I was paying for). 

It had one unit filled and three of them vacant or set to be vacant in the next monthI was low on cash at the time because I purchase the 4 other units the same month so I offered him a 150,000 Land Contract at 10% down with a delayed closing for 60 days BUT I could go in and remodel one unit (at my expence which I put on a credit card).

It had one unit filled and three of them vacant or set to be vacant in the next monthI was low on cash at the time because I purchase the 4 other units the same month so I offered him a 150,000 Land Contract at 10% down with a delayed closing for 60 days BUT I could go in and remodel one unit (at my expence which I put on a credit card).

As mentioned above, I'm looking into the possibly purchasing an investment property myself for residual income, so future development of this skill set may already be in the cards.

Hi James,Here is a link with the different state rules for passing a surcharge to the tenant:http://www.ncsl.org/research/financial-services-and-commerce/credit-or-debit-card-surcharges-statutes.aspx