Been doing a lot of research and prep work and feeling ready to start putting offers. Few questions still.1. If I use a HELOC or HELOAN from my primary residence to buy a rental, will the mortgage interest be able to ...

The first being those months you may be awaiting finalization of an eviction, tenant is racking up hold-over rate charges.

Rate is reasonable at first glance but yes rates are moving down and should continue to shop, get quoted, can be major changes day over day10% Down DSCR doesn't exist and has never existed to my knowledge so I wouldn't count on that15% down does exist and is rare, however as others have noted, usually it doesn't actually work since the restrictions, such as a high DSCR ratio or LTR only rent qualification (and high rate environment) never let the numbers work however as rates continue to fall we may finally be able to see some 85% LTV DSCR Deals actually pencil again!

I did not receive any settlement statement until the morning of the closing and the final settlement statement about 30 minutes before closing.

With an attorney handling the eviction, you can not only ensure proper handling but also take advantage settlement agreements to prevent having to restart the process if the tenant were to default again and get automatic final judgment when the tenant defaults on the settlement agreement. 

Reason I ask is when you look at the actual final rate its almost not worth doing the 2-1 or 3-1 buydown since the rate is higher than taking a normal rate. 

I had finally landed a great job making great money but still barely getting by.

Final Reconciliation•Ensure that all financials are reconciled between the outgoing and incoming management companies, including security deposits, rent payments, and any fees.

Finally, in case of an emergency requiring urgent attention, please contact me on my cell phone anytime at (###) ###-####.I thank you, Mr.

Draft a Contract for DeedAlso known as an installment sale or land contract, a contract for deed is when a buyer does not receive the deed to owner-financed property until he makes the final loan payment.