I have taken to carrying rolled and loose coins with me in the truck and using them for fast food and other expenses under $5 or so.

The 25K figure is based on my ability to acquire the structure with my own capital or equity. 25K is general figure per unit for renovation and carrying costs.

If they plan on selling - they need to be able to carry back the paper on the property.

His personality is so magnetic, he is unable to carry credit cards.

If the net rental income after depreciation is negative, there is a net passive loss.High income earners can not use the net passive loss allowance against ordinary income, so they suspend the loss and carry it forward to a future tax year when it offsets passive income or income drops so the net passive loss allowance can be taken.

If the bank has more in it than the current market, they can't really book it for less than what they carried it at and ask that price.

I have done commercial purchases at 90% CLTV with the seller carrying back 10%.

The owner will carry the financing.

With commercial financing you could put say 10% down.Live in 1 then when you meet someone move out and buy a house and then now you have 10 rentals.Usually you can get a seller to carry some say 10 to 15% and you put 10% down.You will have 9 other renters help paying your mortgage.Many ways to go with this.

As far as my credit issue, I have "perfect" credit but the problem is I have never carried a loan.