As far as our personal finances, we gross pretty well but after business expenses, our own mortgage, cc payments, groceries, utilities, etc.  

Rentec levels it all out and the statement is super simple, just 2.75% of all the cc transactions and 50c for each ach. 

Purchase Price $22,000Loan amount (purchased with cc 4% fee 0% 12 months) Then 10 year loan or transfer to 0% and maby use credit union card I have at 7.99%$25,000 PIT$250 during first year on a 10 year payoff schedule Rent $500 first year no increase Tax value $31,500Repairs expenses (Roof 5-6 years) only major repair noted during inspection $3,000How would you all direct the $500 in rent?

 - credit score of 695- a yearly income of $85000 and in my career 8 years- a DTI of 18% that includes CC, student loans, and a Bank credit builder loan- 1 negative, a bankruptcy 18 months agoWith my financial history how possible is it for me to receive the Homestyle Loan?

The expense of buying the list and sending it to a mailing house (yellowletters.com or click2mail.com) is just swipping your CC.  

Contract price was $72,500 and mortgage amount is $58,000.CC, or "settlement charges" as my loan company calls them are right around $5500, or almost 8% of the purchase price.Seem a bit high to anyone else other than me?

John, you want to deny that CC is going after him?  

A duplex (2BR, 1BTH & 3BR, 1BTH) in a C/C- neighborhoodMy offer is as follows with numbers listed below:Purchase Price: $62,000.00Amortized Over: 30 YearsLoan Interest Rate: 5%7 Year Balloon PmntMonthly Income: $1,913.00Vacancy: 7% - 133.91Cap Ex: 5% - 95.65Insurance: $150.00/MnthRepairs: $95.65Electricity: $50.00Prop Tax: $390.25/MnthProp Management: 114.78Monthly Cash Flow: $561.20Please let me know if I've left anything out.

cc: @Jasjeet Singh

And you don't get the mortgage interest deduction...If you had 100k cash, you could buy 3 of these properties with loans (29k for DP + CC each) and still have 13k left over to stick in your rainy day / sudden repairs fund.