With a commercial loan from a bank or credit union here you'd be required to maintain a Minimum DSCR (Debt Service Coverage Ratio).Let's say the bank tells you that you must maintain a 1.30x DSCR, not uncommon for a small multifamily loan like this.

I have a 750 credit score and about 36k in stocks and stuff. 

Good credit and am debt free.

@Ti Jackson You can go about this a number of ways depending on your financial situation:1) Line of Credit off of your personal residence - You need to have a good amount of equity in order to use this to fund your entire flip.

This should be mandatory when renting to college students because they have no credit and therefore are not concerned with you placing a collection against them.

Credit scores are 700 and 770, and we have about 15K in savings, ZERO debt minus our house (Thank you Mr.

The day before the closing date (May 30th) I was told that the buyer's financing could not be approved for the FHA loan due to a judgement on his credit.

I have 805 credit and one rental that is completely paid off at a value of ~$110,000 and is occupied.I would like to borrow against my rental to buy another house (as a rental) all cash.I've contacted two companies and they've given me a 5.375%, 30 yr, on $75-85k borrowed.Note: The two companies that I've contacted...

She asked me what the process would be and I told her she would pay an application fee and do a credit/eviction check.

I do not intend to ask the seller for any repairs to be made nor am I looking for a credit of money for any repairs that need to be made.