His income will be based on "total qualifying income" from the subject property, which is "net cash flow" (pg.1262 of FNMA guide) of $1789.42 ((3244.81 * 0.75) - 644.19,.)

That's why areas like PG are booming at the moment due to the affordability and accessibility to DC.

I never really gave Anne Arundel or PG county much though but I will definitely look at there markets now.

pg=facts

Investment Type: SFR - 1 Rental, Everything else flipGeographical Location: PG county MarylandType of Financing: cash, HML How many deals done before taking the leap: Zero by myself, multiple with my uncle/partnerHow much time from first deal to 2-weeks notice: 2yrsUltimate Goal in REI: To complete and sell 30 flips per year.

pg=2I hope people will take time to consider this article and the charts/graphs that are in it.

source=web#/listingType-single-family-home;mfd-mobile-home/pg-1Or you can have a Realtor do it for you like Brandon suggested.

disp=2#/pg-1Looks like 3BR sfh's are priced $2500-$3300.There are many reasons people who can afford $7000 up front will still rent.Start advertising and see what kind of response you get.

I will PG if I have to - but I don't want to have to jump thru hoops of providing financials etc. preferably close in name of LLC if possible.Can anyone get this done?

Yeah, you can get 10 different corps and then go to 10 different banks and get business lines of credit for $100,000 each with a PG..then merge all the corps together and start spending the money on what you want...Its very possible....although having one corp try to get a million wont ever happen without tax returns and all that im sure..