For example, there's an 80% LTV cap, mandatory appraisal, minimum credit score, and limits on what the funds can be used for, and the list goes on, all written into the state constitution.  

Must have all three scores and coming from a Credit Bureau will not impact you score wise.

Considering that my credit score is above 800 and my yearly income is about 70 k. is this rate about right for today’s market interest rates?

@Steve Vaughan so just for the heck of it the CC company can check your score and deem you no longer eligible for their introductory promotion even if you are in it and then jack your rate up????

@Aaron Vernon I use the free version of Loopnet most of the time to find listed deals.

How is the score calculated for "Top Contributors" in each forum?

credit score = 700+bankruptcies = noneforeclosures = nonenet worth >= loanliquidity = 6-12 monthsDSC >= 1.20xThese will vary by lender, property and borrower.

You might be able to get in at 20%, depending on your employment status and credit score, but I think even 20% is going to be tough.Could you live in one of the units for a year?

That was the short short version, but I did not have to remove a wall or replace a broken window......

Let me know if any of you think it would be helpful for a ore detailed version in an educational format!