We calculate rent plus all debt payments as a percentage of gross monthly income.Our underwriters strive to analyze and balance all the information above to determine the statistical likelihood of a tenant paying their rent on time.ApprovalOnce an applicant is approved, we require a nonrefundable Holding Fee to make sure they are serious and don’t change their minds.

You're already talking to realtors , property mgrs, owners and so forth in the forums...No true professional will hold it against you that you are green.

I do inspections regularly and make suggestions, but nothing changes.

The bank or lender holding the Heloc can and will close your line of credit or cut it in half with zero notice.

Would be a buy/hold and cashflows decent probably get $1800 but skinny from equity standpoint and in a C area with a basement that needs atleast $10k alone. 

Investment Info:Condo buy & hold investment.

DSCR loans are only for long term holds.

I have my eye on a 4 plex I'd like to buy, renovate, rent, and hold.

Shallow vertical oil wells can have pretty small pads, while some deep horizontal wells with multiple holes can have some probably 10 acres.Minerals are superior to the land, so while not all that common, so someone who just holds the land, but does not have a good surface rights agreement could find a drilling rig in their backyard. 

Because you are past your 45 day period and have a valid list in place your QI has to hold your proceeds until either you have purchased all of the properties on your list, or day 180.