Check to see if any major expense items are coming up, and they have sufficient reserves. 

I am working on taking out a 2nd mortgage with a Credit Union.

I have a cousin who lives in Lincoln Park...and I am becoming more and more interested in creative financing options such as the service you provide for my first investment (initially thought I'd definitely go conventional with strong credit score and ample savings).Please connect and stay in touch!

Majoring in Finance, I returned home to complete my Bachelors Degree at California State University Bakersfield.With my degree in hand I wanted to extend my reach in the community so I started my Real Estate company Synergy Real Estate in January 2016.

In general does it matter who you obtain your credit line through?

I have 28 units now and it's time to improve my systems and look for better ways to run credit, etc.

Cozy.co website can send the combined application and screening that applicant pays for with their own credit card on your behalf and you get the application and reports once completed.

Or if the tenant has some major issue or gets litigious.

We have used personal loans, line of credit, credit cards (cash advances) and bank financing.

However, the majority of the responses are for properties that are owned as rentals and in most cases occupied with a lease still remaining.