Options...a) If you aren't already, be a little more honest with the IRS when you file your 2017 tax returns.b) Dad cosigns & possibly you go conventional not FHA.c) If dad will come visit you once a year, will not sign a lease with you, and does not need to derive rental income from subject property to qualify, dad might be able to take out a "second home" mortgage at 90% LTV.

Most of them follow this quote from Warren Buffett: “We derive no comfort because important people, vocal people, or great numbers of people agree with us.

The property is in Texas and taxes are usually assessed  based on value derived from rent stream and with cap rate determined by county applied to it.Thanks.

For purposes of this section:(1) “Higher-priced mortgage loan” means a closed-end consumer credit transaction secured by the consumer's principal dwelling with an annual percentage rate that exceeds the average prime offer rate for a comparable transaction as of the date the interest rate is set:(i) By 1.5 or more percentage points for loans secured by a first lien with a principalobligation at consummation that does not exceed the limit in effect as of the date the transaction's interest rate is set for the maximum principal obligation eligible for purchase by Freddie Mac;(ii) By 2.5 or more percentage points for loans secured by a first lien with a principalobligation at consummation that exceeds the limit in effect as of the date the transaction's interest rate is set for the maximum principal obligation eligible for purchase by Freddie Mac; or(iii) By 3.5 or more percentage points for loans secured by a subordinate lien.(2) “Average prime offer rate” means an annual percentage rate that is derived from average interest rates, points, and other loan pricing terms currently offered to consumers by a representative sample of creditors for mortgage transactions that have low-risk pricing characteristics.

Since the cap rate is a mathematical derivation of commercial values and net operating income, it seems tautological to claim that rising capitalization rates will either drive down commercial values and/or increase net operating income (by driving up rents).  

Preferably, this is what they make their money on, but I would want them to derive at least 30% or more of their income from the kinds of deals you want to do.As for LLC's the reason that some states are more preferable than others is that they are good for the managers of the LLC versus their investors.  

CapRate is a derived number, not one on a PnL, Balance Sheet or COE Settlement Statement.

It's important to note that Structured Notes are derivatives and not directly invested in the index or the underlying stocks.

Combine that with the dollar amount that you (or your tenants) have paid towards mortgage principal that year and you can derive a high-level estimate of the net-value of your assets.

My understanding is that even as an out of state resident you will owe state income tax on any income derived from MA sources over a certain threshold (depending on deductions).