We derive no comfort because important people, vocal people, or great numbers of people agree with us.

Learn the terms GSI, NOI, LTV and DSCR and how they are derived and you will be able to know how to qualify for such loans.  

I have other income derived from note buying and also my 9 to 5 job.  

.- As far as the fees go, UW fees are usually a standard but again, the origination is derived from the loan amount so some institutions who are charged borrower paid may hit you with a 3% fee.- Not saying it is an industry standard to charge 16% in closing costs but it once you add up all of your prepaids, other costs, and unfinanced fees its not completely unheard of.In the end, yes - always get a second opinion.

If it was derived with experiences then you should be ok.

Realistically though, some adjustments you'll see in appraisal reports are bogus because they're just made-up instead of market-derived.

Below are the numbers:Sale Price $109,000 (property built in 1983, physically looks to be in good condition but due diligence (home inspection) would need to be performed)25% Down Payment $27,250Rent $14006.5 % Vacancy Loss $91(based on each unit vacant one month a year)Effective Gross Rent $13098% Property Mgmt $100(this is what my current PM would charge)Insurance $8510% Repairs/Reserves $131Leasing Fees $85(estimate derived from what my current PM charges)Property Taxes $225Misc $15Operating Expenses $646Mortgage Payment $414 (4.5% interest @ 30 years)Cash Flow $249Rent to Value 1.28%50% Rule 49.32%Cash on Cash 9.57%All comments, feedback is welcomed.

You cannot derive a personal benefit through the use of your tax-qualified account.And, you almost certainly cannot pull a 401K out if you are still actively working there.

I cant see how incoming Yellen can stop printing money when the outstanding toxic derivative debt deficit remains lurking in the background somewhere.

Investing vehicles, aka derivatives, that combine the first two.There are also liars, scammers, cheaters and cons out there, but the bulk of the economic problems are folks who cannot pay loans back.