So, even if you have low or no balance, keep that account open.Payment history is the biggest chunk (35% in most FICO models), but understand that if you choose not to carry a balance on your revolving accounts (credit cards), you then have a payOFF history rather than a payMENT history.

I have their adjusters as well as Allstate's on body-cam straight up admitting a roof is damaged, but "they don't know why".

To each their own, but understanding the fundamental value, and truths revolving money is not something my accountant cares if I understand.

Certainly there is plenty more that goes into analyzing a deal, but they all revolve around these 3 main things.  

-Cam

Hello All,Have you successfully lined up a revolving credit line on your entire portfolio?

Assuming good credit and a 50% DTI let's look at a calculation:$90,000(Income) x 0.5 (50% DTI) = $45,000$45,000/12(Months) = $3,750 $3,750 is your perfect scenario monthly payment.Subtract out any revolving monthly credit and that's a good rough estimate to the monthly payment you could qualify for.$3,750 gets a decent amount of house, even here in Colorado.

I gave the 7 day termination of lease letter an they have not left..It expires tonight an they arent in process of moving.nothing paid for jan an lease started in oct this is 2nd month of non pay an this time i have nothing .as promised. mid Jan a 7 day pay or quit issued ..then on day she said shed pay 7 days later NOTHING.so 7 day termination quit its in the notice they are to be off the property by sunday nite tommorow I said ill be inspecting property monday ..an if there file detainer warrant.. but she actually said her teen daughter will be there monday as excuse an trying to move inspection time.[ which verifies she has no intention to be off property].Though she textd we are moving on day after missing promised pay 20th Im going to file detainer warrent monday.I told her im going to be inspecting the property monday at 11 but since getting that text..an seeing they arent moving on cams Im less likely to do it.Should I still go an do inspection  or just go directly to file detainer warrant..An does she have any rights after that termination of lease ..the addendum says immediate eviction will be filed if payment is not paid.

My questions will revolve around expected returns, rental growth, areas to concentrate on, and past deals3.

With a maximum loan to value of 75%.Up to 18 months non revolving credit facility followed by term loan with anaggregate 84 month term.