Meanwhile, your expenses, like debt service, taxes, insurance, and maintenance, continue.Once you choose an investment city that meets all the above requirements, select a tenant segment with the right income behaviors.

Will the bank count all of the debt against my income, half?

No debt.

Eliminate debt, establish a budget, and save.

Brokers have a pool of investors and can also close within 2-3 weeks; the closing isn’t always relative to when the investor can close, it also depends on title issues and if there are multiple liens that have to be negotiated, hence the reason “Short Sales” are better options when a seller has more debt against the home verse it value. 3.

You're offering them a 5% interest for 100% liability on the debt!

That means you would have to qualify based on your income and your debts.

His book “Invest in Debt” written over 45 years ago is the standard for understanding real estate note investing. 

My log shows only four 229 calls since 8/2022, with the most recent one in 10/2023.One call shouldn’t count: alleged IRS debt relief.Two with no useful intell.One is a confirmed (alleged) “Homebuyer’s Inc.”

I have 5+ buy and hold properties,  i have limited cash right now for another down payment, my debt to income ration hits almost the limit.