Instead of going into debt to save, pay off your cc debt. 

I hate debt as much as anyone on here, but having more options is better than less.

Go to networking events, get on meetup.com, go to Real Estate Investment Association (REIA) meetings, go to chamber of commerce meetings, and even go to national real estate networking events and seminars.

For a conventional 97% LTV loan, you are looking at a minimum credit score of 620, and you can have a debt-to-income ratio of up to 50% per automated underwriting system approval. 

Hi,Can someone help me understand what is the difference between Preferred Capital and Debt when it comes to Real Estate.

I payed off all my credit card debt and my score almost immediately rose by 40 points.

For purchasing, I prefer to look at homes needing TLC from the MLS and see no problem paying retail because the appreciation always makes sense after 1 year if I can get a property with rent at a level where the debt service coverage ratio is 1.45 or above.

However, you can’t garnish/intercept tax returns unless you’re a government agency or it’s a government debt. 

Are you suggesting that by owning more properties with leverage (vs owning less with no leverage) that I have greater value because those homes will appreciate over time and I'll pay down the debt over time?

you can still qualify for agency debt but otherwise start making calls to lenders that offer special financing or go back to seller .. there is always a way