You don’t know-your VA might work with a cat in her lap.6.To compute your pay offer, double the time YOU would take (or at least time and one-half.) 7.I use an average of $4/hour, as prevailing wage rate.

I would wager that in Travis county for Austin it may be different than in Dallas county, Dallas or in Bexar county for san antonio.

I am a W2 wager earner and have rental income as well.

I would wager that those words are used by the LEAST motivated sellers.

Anyone want to make a wager?

I would be willing to wager that the reason they have that rule is so they can pre-sell or sell off the units because if too many are non owner occupied the condo project may lose its FHA, VA, or conventional financing approval then it would be hard for people to purchase any units in that complex with out financing ( only cash or private/hard money/portfolio money).Most project approvals require 51% or more of the complex to be owner occupied, HOA delinquency to be less than 15%, no single owner or entity can own more than 10% of the units within a given project, and other rules to maintain their financing capability.One of the risks of buying condo's is that during the period of time while you hold the property you may lose project approval and it may greatly reduce the marketability of your town home or condo if you're thinking of exit strategies. 

As long as you buy right you could potentially build your qualifying income with out having to work assuming you have enough capital to parlay (10 max financed properties available per borrower).Hopefully that helped.

California is seeing a 25% increase to minimum wage rates over a 2-year period.

I have up to 25% down if I can somehow parlay that into something creative that will buy me the time, although I will explore partial owner financing as well.Luis

We have already parlayed a 1 bedroom 1 bath apartment that went vacant into more than double its standard monthly rent with just 3 days of advertising on Craigslist and 2 weekend reservations in Nov.