So if for example, a max LTV for a borrower's credit score is 75%, the program will reduce to 70%.

Hey Justin,Our borrowers have successfully used all of these wholesalers, but these investors all have one thing in common in that they conduct their own due diligence. 

An idle brain/body just begins to get worse if you stop using them.

As you are partnering with your sister, have a legal document drawn up as to what happens if one of you wants to sell and the other doesn't, how expenses will be split along with money you are putting down, borrowing, profits, etc. 

Quote from @April Smalls SmallsSmalls: Quote from @Jonathan Greene: You could have stopped after "I came across this PML via Facebook."

We have bought loans like this from existing lender as well as refinanced borrowers into a new IO loan. 

For a conventional loan, you can borrow UP to what you paid for the property plus closing costs OR 75% of the appraised value which ever is less.  

On paper the cheap houses look great, but the reality is they are harder to manage, have higher turn over and cost a lot more time and money.Buying before you retire is a good idea because once you retire, your ability to borrow money is going to decrease as you don't have a regular income from a job.As you want to fix houses up, why not buy a house that needs a bit of work, live in it while doing the renos and then move when you sell it. 

I also stopped using RentRedi. 

The source of the loan does not matter.So yes, if you borrowed $100k and used $50k to buy B and another $50k to buy C - you deduct half of the interest against B and the other half of the interest against C.