Lastly do keep in mind when calculating DTI the lenders do use taxes and insurance even if the property is paid off but if you have enough rental income to cover that monthly expense then you will eliminate that with that rental income.

Retail guys get benefits, have offices paid for, have departments they pay for that they don't use, have layers of management than earn on their production.Brokers get access to wholesale channels.

I would love to find a person, not a company, who would lend for 30 years or even 15 or 10 with a balloon.I have friends and family, but even they want to be paid back in a year or two.

We require a 3x rent in verifiable income regardless of money in the bank.They could have a loan that needs to be paid off in 60 days and then the $100k is $1k, and now they can't afford rent. 

We don’t have the luxury of letting visitors wait for a page to load because they will simply hit the back button after you’ve already paid Google $10-$30 for that click (and maybe even more!).

If rent still isn't paid by the 10th, I post a 3-day Pay or Quit on the 11th and start towards eviction.

Hi MTR community,We regularly work with local companies to find MTR tenants, but up until now the tenant has always signed the lease, received a per diem, and paid us directly.

My initial idea was just to buy a piece of land and get that paid off and then take out a loan to build a small house on.

If it was 2019 (pre-COVID before people moved out of S.F. for the suburbs and OOS) I think it would have multiple offers over asking immediately. 

You can also look at converting funds from pre-tax, to Roth IRA accounts, thus paying taxes on the seed so you don't have to pay taxes on gains/growth.