I have brought an investor on board to help me secure my first single family rental property.

My electric bill is for security lighting and the trash is a large bin shared with another 4plex.

The insurer I contacted told me I need a social security number to be insured (which I have not, living in France).

PNC secured card is excellent start, put $250 - $500 on and DONT use the card. in 3 - 6 months apply for cap 1 card.additionally figure out if you belong to any credit union, they will accept a letter of explanation in regards to the BK and give a lot more credit than the big banks / card companies.With the knowledge i have from working at a large bank I have helped a couple family and friends go from a bk to a very high 700 score in two years so if you have any other questions pm me.I am not claiming to be an expert but have gone through this twice with people very close to me and they are both in incredible credit standings now.Regards,rob

WOULD A 5 YEAR BALLOON BE WISE FOR THE SELLER WHO IS RETIRED AND HAS NO OTHER INCOME EXCEPT SOCIAL SECURITY?

This has a few advantages including much less cash out-of-pocket, no need to secure financing, etc..My question is:  if the seller is willing to let you take over their loan, what are the analytics to generate the total offer you make them?  

If you go big enough, going to a C corp may become better.An S corp has quarterly tax filing requirements, files its own tax returnThe owner needs to take a salary (and pay social security & medicare tax), etc. 

Not to mention the challenge banks face with cyber security.

Back during my days in the navy, financial troubles was a ticket to loosing one's security clearance and bankruptcy could possibly mean a discharge.

I'm interested in learning more about the different neighborhoods/areas and corresponding rents, as well as connecting with folks that know the market.Aside from lawyering and investing, I love golf, classical music, and Real Madrid football.