Due to my income and credit I can not qualify for a conventional loan.

Good evening BP community,I am curious whether or not this is a presence on BP of whom are investors and/or owners of any section 42- tax credit assets throughout the country?

Figure out what your requirements will be - income, credit, rent amount, deposit, how they'll pay rent, etc.The day you close, get in there and make whatever minor repairs are necessary that would show up on pictures. 

Which mortgage lender / credit union do you go to for conventional loan in San Jose / Bay Area?

Hi am a real estate agent and I work with investors I’ve seen distressed properties that I’ve hit up the owners and ask if they’re wanting to sell and they would say no not interested in selling and that’s it so I felt shut down right away I feel like hitting them up again a month later as the property still looks really distressed I’ve knocked on the doors nobody answers it’s in terrible condition the seller said last time that people do live there but it just needs gardening I said no problem you have my number if interested in selling. so like I said I want to try to reach out a month later but this time I want to say hey you know I have a cash buyer if you’re interested in selling.

A local credit union quoted me20% down, 5.75%, 25 yr AM with 15 year balloon but 5 year ARM for a 14 unit I have under LOI.Seems to be the most competitive offer I have so far in terms of financing

Thanks everyone, Its our local credit union, we have a decent relationship because we used them on our last project.

This caused me a rise in interest rates and the second hit to my credit since it had to be pulled twice over the period of closing. 

I am in the process of finding my first mailing list,  for a direct mailing campaign, the site I've read about  (findmotivatedsellers.cm, listsource.com,etc) all have terrible reviews. 

100% financing is tough...even for private lenders, unless there are compensating factors (great track record, proven successes, strong reserves, great credit score...maybe even good job/w2 income (usually not a factor for non-bank investment property lenders, but may be for a private individual)).