Hi everyone,My mother had went through some credit issues a few years back and has been renting.  I am in the financial industry and have been guiding her to get her credit back in line but I know it will take some ti...

If you really don't want to pay interest and are confident in the flip, I would look at Citi cards.

It needs to be clear to the tenant what kind of land lord you are going to be.Withholding information like that doesn't look good and I think you need to just lay your cards on the table.I would be firm, but fair and ask the tenant to get current immediately.Hope that helps.. just my .02I'm not a land lord and have no experience in this area. 

For example, if the 50k were on a credit card, using a certain percentage of those funds has a negative affect on your DTI and credit score, I believe the same applies toward a personal line of credit as well, but does that also apply to utilizing a Heloc?

Your best bet is to value it like a credit card debt, and you know how discounted those are.Maybe someone else can chime in.

Just leave your credit card at home so if there is a blatant up sell, you can sleep on it to decide if it is wise to get further education for the price.

I admit that perhaps it is a lofty goal but I think it can be done if I play my cards right. 

Without knowing your specific situation, I cannot render appropriate advice, but speaking generally, if you are carrying credit card debt or have no emergency fund, you may consider applying some or all of these funds to one of those areas.Hope this helps.Ed

My first five deals I found through postcards.

He's been in the house for five years now, without a hitch.