You probably had a little tickle in your moral compass which gave you pause, which is why you reached out.My wife is an accountant, when we look for every possible tax break it doesn't feel like theft, we feel accomplished to find a place for more savings and lose zero sleep over it.

Originally posted by Account Closed:@Matt R.

Credit scores are made up of many factors, one is the utilization of an account vs its credit limit.

Here, once you have an account and a bit of lending experience, you can access the online, fill-in-the-blank templates to create your own set of documents. 

Eric,They are using rules that take those into account.

Good for your account in theory, but you really need to understand what is driving that cal rate for that area before purchasing a property.

It's not as hectic as Brooklyn or queens and way more organized than Suffolk county.

He had uploaded screenshots of his bank accounts. 

This means 20-25% for a down payment, and it has to be your money that you're using (verifiably in an account that belongs to you).Though there are programs that lend up to 90/100 to first-time investors, those programs usually don't work in Maine due to the rural nature.

For example:- Lender drops the LTV to account for additional risk. - Tenant agrees to either start the loan with recourse, with it burning off after the extension is signed, or start the loan as non-recourse with a springing trigger if tenant does not sign the extension soon by a certain deadline. - Lender requires a heavy TI/LC reserve until the extension is signed.