I am planning on using SmartMove website from Trans Union for the tenant screening.

Devin,You should be fine then, unless you don’t meet some other qualifying criteria like debt to income, credit score, etc.Can I ask you, though, why you focus on SFR if cash flow is your primary focus?

I buy houses in Middlesex, Union, Hunterdon & Mercer county, interested in those areas?

Look to your smaller local banks and credit unions for your best deals.

The $150 a month seemed close to what the tax and insurance would be.Two more questions: If I took these notes out, would they show on my credit report to affect my credit scores?

Historically, "Hard Money" refers to loans collateralized by a hard asset (real estate) and not based on soft lending criteria such as DTI and FICO scores.

I plan on meeting with banks (big, small, credit union, local) later in the week once I have the purchase priced narrowed down.

Hi,My wife and I are looking into buying a piece of property that can be made to be what we need (we have very specific needs because of our business and special need child.)A conventional lender is out of the question as our credit score have not recovered yet from a hellish 4years of multiple surgeries, a move from Texas to Colorado after the big economic nose dive and a tenant that basically rendered our former Tx house inhabitable.We were wondering what type of ROI a private lender might expect.

Additionally, how much does my personal credit score and financial picture factor into me getting a refi loan?

It doesn't have direct credit impacts that affect a credit score.