In most cases I disregard outstanding student loans and medical payments.I consider the minimum gross income to be 3X rent.

Currently, we're in the process of selling inherited land which we live on to (a) pay off outstanding debts and (b) purchase a multi-family home to live-in and rent out.

Hi,I am considering applying for a mortgage loan but have a high outstanding balance in private student loans that have been in default since 2015.

English is his second language but I'm fortunate that my wife helps translate my needs into Spanish for him, but does outstanding work; fast and reasonable prices. 

According to the listing broker, there are no outstanding major repairs or tax liabilities on the property.  

I am not sure what makes the most sense for moving forward: 1) getting some kind of a home loan on the rental to pay off all of the credit cards or 2) getting new ccs with periods for no interest and transferring the current outstanding balance to those new cards, then getting a home equity type of loan on the rental to pay for a new property (down payment on a new mortgage or cash)?

They fail to understand that motivation itself is a near worthless, fleeting emotion, especially compared to making the effort to form good-habits and discipline combined with gumption. 

Bob is also likely going to jail if/when it comes to light that there was an outstanding obligation on the property, because failing to disclose is fraud. 

The best thing you can do is be an outstanding source of information for them.  

My mentor and I have been calling each other back and forth and getting a feel for situation.There is $383 prop tax outstanding since 2014, this is 1st, etc...So my mentor suggests I go to the house and see what is looks like closer up/see if folks who live there are home/will talk/ etc.So I do it lol!