My credit score is an excellent and I have a great W2.

I listened to my accountant and relied totally on his experience.

Account Closed, your forgot the folks with substance abuse problems and gambling addictions, and of course those who are really terrible landlords. 

They will have a mentor that will work with them and connect them to resources (credit repair/employment/childcare/education/etc) so that by the time the balloon is due, the tenant will be able to qualify for a mortgage. 

This is a better question for a lawyer or accountant :)I use cloud peak law in Sheridan for all my LLC work. 

A downfall of this process is the lack of tenant screening (background, credit, eviction checks) as far as I'm aware of.

I would love to know this too as I am looking for a mastermind group to join and help with knowledge sharing, learning, skill development, conacts/networking, accountability and of course fun...which is highly underrated. 

I heard David Greene talk about getting a line of credit with a bank and then make a deal that you refinance with them.

Asking residents to confirm they had no prior evictions, met income requirements, and had the minimum credit score didn’t ensure they were going to tell us the truth, but it did at least allow the honest ones to opt themselves out.

Hello everyone my names Diego madera I’m 17 and I’ve been learning about real estate for about 2.5 year’s now I started by learning wholesaling but I haven’t taken any action this last year I learned about house hacking and fha loans I’m really gonna focus on building my credit and focus on getting my license since I turn 18 this year and I really wanna aim towards getting a triplex where I can net positive cash flow and just keep on progressing from there this is my first post that I want to hold my self accountable with