I don't have excellent credit, but do have good credit -- 680-690.

He'll probably need some local banks or credit unions on this one or be able to BRRRR it using his own cash or private money.

I did end up getting a commercial LOC from Kemba financial credit union but it was a lot of work to get it.

Looking for advise to set it up properly to maximize tax benefits.

Hello,Just purchased my first small 6 unit apartment in Ohio, I have 1 vacant unit that I am looking to start showing but I read at somewhere there is a limit to the amount you can charge a tenant on an application fee for background and credit check that is set by the state.

i dont have the credit to get a loan through the bank.  

Often a credit union.

Again, you would have to consider your accessibility to cash, credit, short-term goals and long-term goals before determining the best strategy for you.Best of luck to you!

I foresee it becoming a hotbed for medical professionals and chapel hill residents migrating there for the tax benefits and roi on selling their chapel hill homes and moving there....

We are professional property managers, we have a long successful history of buy and hold investing, we have great credit and sufficient income.