I'm not sure how credit and loans and stuff like that work.

Prepare for the highest I would say 25% down they will also look at your debt to income ratio as well as everything they looked at the first time, credit, income etc. 

Chris Pohlson Getting $500k business line of credit will not happen overnight.

Obviously I would love to do credit/background checks on all tenants, but in this area it is a C market and not everyone has a SSN to run a check on. 

Excellent credit, C/O 75% LTV, Investment property, SFR (2 of the 5 are 2-4 units), Full Doc, all properties located in northern CA.

This is a very small market with little to offer in our modest price rage and average credit scores. 

I actually paid him with a business credit card so I contacted my credit card company to issue a chargeback.

How do I screen for tenants (websites for back ground check, credit, etc.)? 

When someone calls me and is giving me credit card info over the phone, I can not run it through Square. 

(simo purchase money 2nd) $29,000    down pymt Hoping to sign up this loan scenario today on a 5% down jumbo purchase which gets her first mortgage down under Jumbo loan into to conforming loan pricing at $453k, avoid PMI and the need to escrow as she's very tight on post closing reserves.But given this borrower's credit is in the 740 tier, she also may have an option to qualify for one of the new 95% ltv single loan Jumbo with No PMIShe came to me as a referral from a Realtor, who I don't know, so the deal was already under contract.