The most she can pay is around $600/mo so my contribution is around $250/mo over the last 4 years.I just finished setting up a line of credit for $125K and I'm lucky enough to live in St Louis where I can find positive cash flowing properties.

Great credit and reserves.

I was searching for foreclosures/preforeclosures and I found a relatively cheap/"the numbers worked"I do not have a credit or capital currently and FRANKLY, I DON"T WANT TO START OFF IN A "F-" NEIGHBORHOOD SINCE I DON"T WANT TO DIE OR ALMOST DIE every time I COLLECT RENT!!!!!!

, and we have great credit.

I getting feedback that lenders are not doing equity lines of credit on investment properties? 

Either you qualify or you don't; trust comes when the underwriter looks at your credit report and sees that you pay people back.Bottom line is if the numbers work with your taxes, a comp rental schedule while factoring in a vacancy loss, the income works.Stephanie 

I understand that the credit agreement, loan doc, etc. will have defined terms that would most likely answer this question, but for now, let's ignore any comments about reviewing the loan docs.Has anyone ever tried this approach? 

Ask prescreen questions when they call to make sure they meet income, reference and credit guidelines.3.

I actually live in Pewaukee - LOL - voted one of the up-and-coming and best places to live in the country, if you give any credit to these sorts of studies.The City Of Milwaukee is mostly a craphole.

One girl has credit score of 400, her supposed boyfriend has credit score of 650, 2 other adults will also be moving in with them, which is the height of our limit of 4 people per room, I don't know the other 2 credit scores yet but of course I'll screen.