Learning the needs for and costs of debt is incredibly important.

I have little cash saved up(little under 5K) and a credit score in the mid 500's i know it maybe hard for me to start-out under these conditions but, I'm one of the mostly hardworking and dedicated people on the planet and i know i can make this happen in achieving my dream!

There are tons of websites online to find out how to enhance your credit score.

My husband, daughter and I are looking to move to Minneapolis spring 2017 and house hack a duplex with at least 3 beds or a single family home with a basement or attic to rent out.We are looking in the Coon Rapids area which will be closest to my husbands new job and want to try to do some smaller renovations before we rent out the other unit on the property and other renovations along the way so we can refinance and then move on to our next property in 2-3 years.Any recommendations for real estate agents, mortgage lenders who could help with my non existing credit score at the moment, and any GC recommendations would be great, landlord tips, etc would be super helpful!

There are plenty of ways to collect an application fee, but then in most systems I have to manually enter the applicant's data into the credit check system, and it results in a "hard" inquiry dropping their score a couple points.Here's what I'm hoping to find:1. 

In this instance, I'm using portfolio to describe a non-agency loan.Depending on credit score, you should be able to find a portfolio lender that will go to 75% ltv with no seasoning.  

The market I am in has been very stable for a very long time...no incredible appreciations or depreciations of value (even through the housing crash of 2008).I realize selling it any time soon would be foolhardy, as I just bought the place within the past year. 

It's incredibly rare that I tell my clients to waive appraisal/inspection contingency, and yet somehow I was able to put dinner on the table tonight.

Typically we have gone conventional financing for our primary however that does affect our DTI when we are trying to get into commercial and building our rental portfolio this year we want to keep our DTI down and our credit score up as well as as much available liquidity as possible.Any suggestions on how to analyze the numbers for a primary, what would be the MAO if holding for 5 years then sell.  

We also all have good jobs and great credit scores.