Once these silly socialists become president, they are really going to go after us "rich" landlords.

There was an article in the local newspaper about our local re club and the president was quoted as saying the majority of the membership didn't own one investment property.

I know who the president is (or at least who it was a year ago), and I have a some what recent address.

I have a view but I do not write the laws and I am not trying to be an elected official.If you want to specialize in a particular state you need to know what works there.

Him:[i]I have owned the property for 10 years and renovated much of it (new roof, new a/c, plmg, elect panel, removed all old paint & repainted etc.) now I am moving on to other things.I have a management company.

I am the President of a cleaning company and I thought this would be a great site to get some information.

Neither of those are "high prestige" positions like bank president, owner of the GM/Ford/Chrysler dealerships.

After one year of on-time payments, I elect to sell the note.

Hello my name is Erik Miller and I am the president of Ace Property Solutions Inc. a property management company in Md.

Conversely, if you are purchasing a property for 200,000.00 and the appraisal comes back at 180,000.00, the bank is still only going to lend you 144,000.00 (making for an LTV of 72%) and you will need to come-up with the balance.Of course, if the delta between the sales price and appraised value is too large, many lenders will elect not to fund at all or, at the very least, will have many more hoops through which you need jump to prove the deal is fair.