Key reasons for SBA - Less of a down payment (as low as 10%)Longer term for improved cash flow (up to 25 years fully amortized) Lenders like it (Takes some of the risk off of the bank, so marginal applications for conventional may gain approval with SBA support.)Relaxed Cash-Flow Requirements vs Conventional.

And discuss with their section 8 rep since the threat of them losing section 8 support could help resolve the situation by them agreeing to move peacefully.

How responsive is their customer support?

Outside of work, I enjoy spending time with my family, staying active, supporting my children's sports activities and volunteer as an assistant hockey coach.Look forward to meeting you!

For example: If a tenant applies for a $1,000/month rental and they have gross monthly income of $3,500 they meet the first criteria, but when applying the second criteria you find they have a $500 car payment and $250 child support payment.

And then you have BP and an army of experienced investors happy to answer your question or poke holes in your deal before you pull the trigger..Be honest with yourself, are you looking for moral support?

He may decide not to attend college, and I want to support his future by exploring real estate together.

However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates this year).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

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The issues that most run into though is the property doesn't cash flow enough to support a higher LTV or most lender require a minimum FICO to qualify for the higher LTVs... some lenders have other experience requirements and reserve requirements as well... all depends.