Like the part above, if this number is positive its added to income, if its negative its counted as a monthly obligation you'll have to qualify for in your ratios.So strategically planning your rental properties, wage, dividend, interest, business cash flow filed from entities, and other income is very crucial to conventional lending DTI because its the formula from which we judge whether to give you a loan and for how much.

I made a strategic decision to do a minor update to the unit while it was vacant.

Right the MMI on FHa is now for life if you put less than 10% down but realistically only maybe 2% of people using FHA put more than 3.5% down unless its for a strategic reason.If you have superb credit I would recommend you use 5% down payment and payoff the MI through whats called single premium lender paid mortgage insurance this is done by raising the rate high enough to absorb the mortgage insurance for instance instead of 4.75% you can opt for 5.125% and it will pay for the MI off for the rest of the life of the loan, or you can keep 4.75% but pay the SPMI in cash, or pay the stereotypical method of monthly mortgage insurance.If you're going from FHA to FHa refi thats a different story (streamline FHA refi).

From www.personalliberty.com:Obama’s ‘Promise Zones’ Picked For Their Strategic Value To Democratic PartyJanuary 9, 2014 by Ben BullardPresident Barack Obama designated five areas Thursday as Economic Promise Zones: three in cities, one in rural Kentucky and one on the Choctaw Nation in Oklahoma – and nearly all of them offer Democrats stronger political inroads with resistant local voters.Obama described the ‘Zones as places where kids would, with the Federal government’s help, have the same opportunities to realize the American Dream as kids in more affluent parts of the country.

No Will, you're right, that takes years of experience, you won't get it in an hour or a year of hours.You also need to understand you can't learn everything much less do everything, successful people put smarter people in strategic places in any business, which it sounds like Ken has done.

--------------------Strategic Framework:------------------Business Plan Outline:Business StrategyIntroductionStrategic GoalsManagement and OrganizationShortfalls and MitigationFinancial Overview10yr Financial Plan Projections10yr Asset/Liability Sheet ProjectionsMain Effort – Long Term Hold (Rentals)Goals and BenefitsProcess OverviewAcquisition CriteriaFunding OptionsRehab ConceptsProperty ManagementMaintenance and Repair AssumptionsProperty Disposition & Marketing PlanSample Long Term Hold InvestmentSupporting Effort 1 – Real Estate AgencyGoals and BenefitsTransition PlanMarketing PlanSupporting Effort 2 – Short Term Hold (Flipping)Goals and BenefitsProcess OverviewAcquisition CriteriaFunding OptionsRehab ConceptsProperty Disposition & Marketing PlanSample Short Term Hold InvestmentAppendicesMarket AnalysisNegotiation MethodsRental Analysis SheetRehab Analysis SheetInspections PhilosophyRehab Process ChecklistSample Contractor Statement of WorkSample Contractor Lien WaiverSample Rental ContractKey Partners and ContactsReferences

She already has a tenant in the house.I know wholesaling this property is an option, I wanted to know if Lease option would be a good strategic move as an entry into this property?

But, you seem to be genuinely looking for opinions, so I wanted to add mine.A CPA is good to have, but until you are running a business with lots of ins-and-outs or a huge bankroll, a CPA is largely a reactive tax person... and not even a strategic tax person.

Rick Harmon Phil Z. do you think it would be strategic to collect all the attorneys in the probates and select maybe the top three to try and develop a relationship with?

I love what it offers me (freedom) and I love the strategic/competitive aspect of all things entrepreneurial, but I don't love the tactical aspects of real estate investing.