That said, it's big 4 public accounting so the turnover (both voluntary and not-so-voluntary) are quite high, but I'm also confident that I'd be able to find another job somewhere between CC Philly and Princeton NJ quickly that would pay at least the same, if not more.

CC is still in business even though the actual business and property is for sale ...

C+? C

Being a foreigner, you should also prepare for 30-35% down payment + CC/Fees.If you need further help, please feel free to contact.Thanks,

(cc: @Brandon Turner)

The other consideration is if you have to purchase with out rental income that means you'll have to qualify for the entire payment of all your net rents, primary, subject property you're trying to purchase with out any rent offsets, and other obligations (car's, CC's, loans, etc).Hope things work out for you.

I would look at the spread between the CC and the HELOC's margins.The HELOC provides the borrower a 1098 int at the end of the year so its easier to bookkeep for the interest cost and is less hassle since it can be written off as opposed to credit cards you have to search through all interest statements and trace which interest expense was attributed to investment/business use otherwise it cannot be written off which is an added hassle for end of year taxes.HELOC's can only be written off up to 100k max for one primary and secondary home as this is the "home equity indebtedness," limit.

Even a number of missed payments on CC and other debts isn't a big deal depending on when they were and how much their total balances are.I look at it this way, renters rent because they usually can't buy.

What about leaving checks or CC (or store account info) with someone you can trust (who isn't the handyman) in case a large purchase has to be made while you are away?

3rd closing costs you just make part of you offer. get with tour loan officer and find out hat closing costs are on the house, a good loan officer can give you a " oh you will need 4,000 in CC " 4th offer price = 265 X .7 = 185.5 - 20k mold - 10k rehab - 10% oh crap funds = about 150-140 would be perfect.