She's been there a few years so she'd have tax returns, and her credit isn't great but it can be boosted pretty easily by paying off her $300 credit card debt.

The loan will not show up on your personal credit report which affects your debt to income ratio and credit score.

Great way to get rolling and since you are paying cash for everything you don't have to worry about credit - AND - you will sleep well at night because everything is paid for. 

When running a screening report on tenants, I recommend doing a full background check, credit check, and eviction report on any applicant above the age of 18. 

Great way to get rolling in real estate and since you are paying cash for everything you don't have to worry about credit - AND - you will sleep well at night because everything is paid for. 

Advantages for me: slightly less paperwork, fast approvals, leeway if your credit score is borderline for a specific rate, relationships, flexibility to lend on properties that need significant repairs.Main con is slightly higher than average interest rates and shorter terms, for me at least.  5-6% and 20 year amortization is generally what I'm paying.Hope that helps,- Tom

To get the lowest rate which is 7 ish right now, its 60%  ltv and at least a 740 credit score. 

Never had any real credit established.

He’s offering me a system to help me learn my Market wants a 3K invest upfront swears his system is legit and his company but I can’t find him or his company on the internet ANYWHERE!

Entered my credit card info and all, submitted it and assumed all's good.