If you have a good credit score and are putting a decent amount down, you can get the rates down to a level that isn't much higher than market rate for conforming loans. 

You'll get eaten alive.I know it looks tempting to compare regulated rents with market rate and start fantasizing about the potential property, but it is incredibly difficult to make that a reality.

Dmitriy Dorogan I could help you out, I have a lender contact that offers no minimum credit score, no income verification.

My credit score is 748.

A down vote means that a response could have negative votes and the user themselves could end up with a negative vote score. 

We'll see.I also found out that Experian recommends tenants using a couple of online rent paying systems that help improve the tenants credit score.

There are some awesome locations across the tracks from JPA where you can score some low-priced units that need a lot of work.

Example from my last real AD.HOUSE FOR RENT3BR2BAmore infomore infoI WILL ONLY RESPOND IF YOU LEAVE A REAL PHONE NUMBER$50.00 non-refundable application feeTypical Qualifications: 600+ Credit Score| No judgements | No evictions| No criminal background | No smokers| No delinquencies |2 pay stubs| whateverElseIRequire ------------------2) I do this to help reduce the amount of callers that will not qualify.3) If you decide to screen over the phone I ask.

I provide an incredible amount of service for those rents as well. 

Looking to do my first deal this year.One of the HML lenders I've talked to said these are their requirements for a newbie:650 credit score$10,000 in my personal bank account14% interest onlyIs this pretty standard across the board with the hard money loans you have used?