Inventory shrank 48.7 percent to 714 units.Prices moved higher as Median Sales Price was up 1.3 percent to $394,000.

@Brandon Fuhrman I’m sure some of the others will chime in but it would seem to me that the smartest thing would be to keep that account open and use it periodically and pay it off, improving your credit, and get the bank to open the correct business credit card for you.

- What do you mean "write off", if you're trying to improve your DTI ratio you would want to report that as taxable income to get your income to be as high as possible for underwriting reason.s2.

My mind frame now has evolved from two years ago, and I now see the extra income as enabling greater security reserves, providing the ability to hire repair folks instead of DIY which saves personal time, and to improve the property more beyond the minimal.

Is the surrounding area being improved and would one reasonably expect this neighborhood to perhaps upgrade itself into a B/C within the next 24 months?

So far it looks like that's the only thing I would need to improve.

For example can it use the equity to make improvements or purchase other properties?

If housing inventory is low or too pricey in the ‘hood you’ve set your heart on, you’ll only be in for disappointment after disappointment.Be proactive and expand your search to other neighborhoods that may offer the same amenities, such as walkability (handy tip: Check out the website WalkScore.com to see).

The part that you're missing is to build/rebuild your reserves and improve your credit.

Do you have a plan to improve your credit score?