The husband's credit history was really short: one charged off utility account which I could not understand (the account was closed by customer at the end of 2014 but got a balance from July 2015 - Oct 2015 but later on charged off by the utility company), another one is a big phone bill on collection but they disputed and settled(paid) on an amount less than the balance.

@Chris Payne possible bringing in a balance sheet partner and qualify for a loan.

She has built a real estate investing business from little money to being wealthy by balancing negative and positive cashflowing properties.

Since I assigning I am not sure if the attorney has to1) prepare for closing2) obtain title work (I can as the cost it's minimal but not necessary)3) preparation and review of closing documents4) Representation at closing.5) recording of the documents6) obtaining the title policy.She also went on to say that once we are out of attorney review the assignment is complete.I am not too thrilled by her lack of knowledge of Assignment of Contract.The service I require is1) review purchase contract in attorney review stage2) once out of attorney review, I want her to draft an Assignment of contract and send it to the buyer's attorney and collect the deposit for the assignment.3) buyer will then conduct his inspection and if all goes will schedule a close with the seller.4) At closing, the buyer will wire or send a certified check towards the balance of the assignment fee, I do not thing my attorneyneeds to be at the closing.

I appreciate the balance here in the BP forums between positive encouragement for investors and their questions mixed with reality checks and the negatives shared.

What previous posters were saying about credit card balances is true, that was our assignment at lunch which didn't come until 1:45, we started at 8:30 am. 

As far as carpet, I believe there is a balance between cheap and value.

Real estate is an important part of a balanced portfolio.

Now they will use a percentage of the Unpaid Principal Balance (UPB) of each loan.The percentages are based on the number of financed properties:2% of the aggregate UPB if the borrower has one to four financed properties,4% of the aggregate UPB if the borrower has five to six financed properties, or6% of the aggregate UPB if the borrower has seven to ten financed properties (DU only).The aggregate UPB calculation does not include the mortgages and HELOCs that are on the subject property, the borrower’s principal residence, properties that are sold or pending sale, and accounts that will be paid by closing (or omitted in DU on the online loan application).

There is a lot to learn but you can get balanced information here and every sort of opinion, both balanced and un-balanced. ;)  Best of luck to you.If you know anyone in St.