I used banks, credit unions, private money, seller financing, mortgage assumption, HELOC, second mortgages, and lines of credit; what ever I could get.

If passed -- invited to complete a Rental Application + pay $49 for a complete Background check (credit, criminal and rent history)4. if approved -- invited to schedule a showing of the Unit5.

When it comes to HELOCs on investment properties, the options can be a bit more limited, but there are a few lenders and credit unions that still offer them depending on your LTV and credit profile.If you’d like, I can share a few tips on structuring the financing and how to make sure the tax side aligns with your BRRRR strategy — that’s where a lot of investors miss out on savings.

Then work backwards from there to fill in the pieces of how Real Estate can take you on that path.Also, RIGHT NOW, start establishing a credit line. 

A potential section 8 tenant applied today who is unemployed, with $5K in collections from various companies and a 580 credit score. 

.- I've already started the pre-approval process with a credit union based in North Carolina, but I'd love some help understanding how to structure the gift of equity correctly for investment properties, what documentation may be required, and if there are any specific limitations or tax implications I should consider.- My goal is to close on both homes by the end of the year or early next year.If anyone has experience with gift of equity transactions for invest properties -- especially in North Carolina or involving out-of-state buyers -- or can recommend a loan officer, lender, or real estate attorney familiar with this setup, I'd really appreciate your insight.Thanks in advance!

I’d start by reaching out to local portfolio lenders (credit unions are great for this) or a broker (me) who does investor loans – they usually have products designed exactly for this situation and do a 2nd position that'll allow you to tap into the equity without touching your 1st. 

I have a great credit score, am employed, etc.  

I'm seeing investor clients who are getting credits to help buy down rates on DSCR loans as well as some who are also getting price reductions.

As a CPA who works with real estate investors, I see so much bad advice floating around online—especially on social media—about “easy” credits and quick refunds.