- This is a great start in wholesaling, thanks for the Free content- I thought it was very informative, Looking forward to the advanced course and possibly your coaching program!

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

If VA/first-time options aren’t working, look at FHA, conventional with 3–5% down, or local grant programs.

Are you being paid by a local, state or federal program? 

Talk to a local lender this week about programs + reserves.BRRRR lite: buy livable, do light work, rent, then improve during turns and refi.

@Parris Taylor - I provide "affordable housing" to a wide variety of persons in different programs.

Hi BiggerPockets community,Over the last few years, we’ve grown a soccer business that now trains hundreds of kids weekly through private sessions, leagues, after-school programs, and Nike Soccer Camps across multiple cities.But now it’s time for the next step.Our soccer families need a year-round home base.

Has anyone joined the Phil Groves Big Dogs program on here?

I am in the Flint market and I am familiar with his program.  

If you’re working on keeping your DTI healthy by reducing debt, boosting income, or restructuring loans you’ll be a much more attractive candidate for financing.If you’d like to see how your numbers stack up with today’s loan programs, or just want to share your thoughts, let’s chat!