Through applying for credit you can see exactly what you may qualify for and if your score is good enough you can indeed get the money you're looking for.(2) Family Member- You can clearly understand where this is going, not to say its rare because I have friends who also invest that were lucky to come from a home with wealth, if you have a family member who left you money or who simply gave you money to go play monopoly with then consider yourself one of the lucky ones.

Yes the scammers have definitely found BP.. and BP is a very target rich environment for these folks. lots of newbies that don't know the score.. and a lot of dreamers who think they can just look up private lenders that they have no relationship with and get them to fund their deals  LOL... if you want money for deals HML is the way to go..

Do they accept foreclosures, short sales, 400 credit scores, evictions, etc.?

I understand that the more loans you have in your name, credit worthiness (read credit score) of an individual goes down.

My credit score is a 520 and I fear that it'll affect my ability to get a mortgage loan.

The whole game is about protecting the safety and soundness of the economy, that begins at the consumer level, passes through the red zone of financial institutions, brokers, dealers, financing conduits, that end up at the goal line of fair, fully disclosed, lawful scores for the consumer.

They do not seem concern with specific score (if you have limited credit history or high credit card balances or inquires that lowered your score, it is ok)... but you need to have a history of paying your bills consistently on timeI am not sure of their specific DTI...

We purchased in all cash and kept "purchase+rehab+carrying" costs to less than 70% of ARV, then did a cash-out refinance (lesser of 70% of ARV or HUD-1) once tenant was in place.  

OK, first off I'm wondering if you're confusing in the heat of the moment the effect this "lien" would carry as a hit to your credit score, report, etc because I'm honestly not sure on this, but I DON'T think this will be like having a court judgement hit your credit report, which IS a bad thing to have on there.

Our customer service scores went up.