Hello everyone I have a question I’m hoping you guys can help me with I plan on using HM for a Brrrr strategy after the property is fixed up and ready to be refinanced into a conventional loan what requirements do conventional banks require you have to refinance I understand I do need good credit which I have but do they look at Dti’s  besides good credit thanks for the feed back I would like answers for both conventional residential and commercial loans 

Im looking to purchase a 2 to 3 unit property with a fha or conventional downpayment 5% no debt 800 credit score.

Also, banks could give you .75 of future rents applied to your income for qualifying.

However, housing WHERE you want it, HOW you want it, and at a price YOU want to pay, well that's goes far beyond a "right".There have been many many solutions presented to improve housing affordability, like revamping our asinine building codes, reducing the cost of litigation, rewriting insanely punitive legislation such as the CRLTO, providing tax credits or reducing taxes, and increasing subsidies while reducing the red-tape associated with using those subsidies.

So my focus is just to build my credit until I can go back to them to get preapproved.

If there's no additional credit check fee for both the applicant and guarantor, then it's included and so it would actually be on the low side. 

Plus, i have talked to some folks who have paid hundreds of $$ to apply.  

I initially planned to leave my wife's name off of my investment ventures so that if something went wrong and I go bankrupt, it's just my credit that's affected and not both of ours.

All the lease option/executory contract issues only apply to consumer transactions (intended for personal use and enjoyment; that includes 1-4 residential units). 

Where/how did you find out about the Federal credits?