We renovated upper unit and currently live in lower unit.

One thing they have that helps them is typically the interest rate charged which is typically lower than other Lenders but I have never heard or have seen any person ***** about the interest rate they were charged and it was responsible for and why they failed. 

This created opportunities for investors.Institutional money prefers lower risk investments which were traditionally A Rated Bonds.

Luckily in the lower priced house ranges around Chicagoland the rents don't really go down. 

Often you can get a refi sooner than that but it will be based off of the lower of the appraised value or the purchase price. 

She can also work with me to give you access to wholesale deals that are off market, or new construction opportunities.

This is in what I’d call about an an A- or B+ neighborhood, in lower income neighborhoods perhaps people wait longer I am not sure. 

There is definitely something to be said for the ease-of-access and gentler learning curve. 

That’s why I go no lower than 8.34% (One month rent) for Vacancy reserves.  5% for CapEx may be too low.  

My lender is saying that they go off of the lower of the two scores, and it must be at least 720 to qualify for only 15% down.