I think Sean Terry said these parameters.City near me.Total Assessed Value 0 to $100,000 - first 100 aimed at the $50,000 to $100,000Property TypeResidential: SFRLength of Residence10+ Years(Household) Age65+ YearsADDRESS-COMPLETENESS Mailing and Property address CompleteCORPORATE-OWNED ExcludeI got 327 from the above criteria for $57.  

-Pool of Tenants is limited to 55+-Depending on tenant, may be more property management fees because tenant is calling more for them to come in and change a light bulb, etc because tenant is unable to do simple household maintenance tasks.   

How many incomes contribute to the household?

There are ways to get them to get option money, (i.e. like going to their parents, Household Finance loan, selling stuff, etc).

I spent countless hours analyzing economic data, home prices relative to average household incomes, crime stats from the FBI, school quality, etc. for the entire northern California region before identifyinf Elk Grove as underpriced.And then I saw BP and you guys posting about values in TX.

Legally, business purpose loans as these are pretty straightforward.If you are talking about making second position real estate loans for personal, family, or household use (HELOCS for example), which many above seem to be addressing, then DF, the Safe Act, RESPA, TILA, and everything else applies and you'll need the full complement of Broker, MLO, and NMLS licensing.

Your thoughts and suggestions would be greatly appreciated.FYI: we will be still working on our current jobs with the annual household income $120k and would like to have enough money to support our two kids when they are in college in next 7-9 years from now.Thanks,Petalpha.

We will be a dual income household in January - She just got out of school.

- A 6-plex apartment complex with a ~500k price- For rental purposes, I would not occupy- This is my first home-buying ever ( I rent myself)- My credit is Excellent (750+) and salary is 100k+ range (household 200k+)- I can put in 10-15% downThanks for the help.

Lending guidelines say 43% debt to income ratio, so if no other debt, a factory working household can spend $2200 a month on a house.