I see the discussion, but it's talking about the amount "Jim" can take for the next loan, not anything about the time period between when one loan is paid off and the time until he can request a new loan.Asking more out of curiosity, I would be surprised if John Hancock had something incorrect posted on our retirement plan web page. 

@Justin Smith With seller financing, he doesn't have to "pay" anything for the down payment since he's accepting an "IOU" from you that you'll payback in some amount of time. 

Baseball bats and bricks thrown.And then when you go to the bad neighborhoods, it's even worse.All of you doing SubTo for the first time, carry with you your next of kin information. ;-) 

I feel like a lot of developers lately haev been focusing on townhomes..They just tend to be pricey and hard for the first time home owner to buy. 

. $1000 deposit required that is refunded on your first successful deal.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Since this will be our first long distance investment it feels like we're starting brand new and would love advice for first time long distance investors.

This is our first time renting.

What if I like a banker but another bank is offering better terms on the first couple deals? 

Avoiding Beginner Mistakes – What are the biggest pitfalls for a first-time investor, and how can I avoid them?