I have seen in the forums that different people approach Medical collections in a credit report differently.  

Hey all, I was told that if a person were to buy a property with their personal credit and within 6 months of owning that property they "sell" the property to their own LLC; at that point that individual can then write a letter to the credit bureau that the property has now been transferred to an LLC and is no longer tied to their SSN and personal credit.

Anyone in Phoenix who has used a credit union or a bank to fund commercial deals can you recommend some. 

@Carlina Burford I'm assuming you are going through a lender and seeing it is backed by your credit and income, not sure why they are not able to issue a letter of pre approval to you. 

I am such a newbie and very nervous because like I’ve stated I’m starting from scratch and I’m trying to get into a foreclosure property with no money down messed up credit and trying to make my first initial deal.

We had a hard time and they said no because my baby daddy (together for 17 years, just not legally married) just bought out his business partner and didn't have the business in his name 100% for 2 years (never mind that he started to company 10+ years ago) and our credit scores weren't superb at the time, low 700s. 

@Cameron Peters @Zachary Critchett  A package containing your experience, personal financial statement and credit report, how the funds will be used and the exit strategy so the lender will be paid back, are all good starting points.

I'm in the process of getting clarity from them on two points, which I'd love to have input from the BP crew as to if they are looking at things appropriately/fairly:1) Rental Income: I believe I'm getting 75% credit for rental income from 3 properties seasoned 4+ years. 

Navigant Credit Union will do 95% LTV for a HEL not HELOC. 

I am using a local credit union to finance the property, but they will not allow me to personally guarantee a loan for an LLC.