Ehhh my own fault.I'm deep on regional banks.I believe they are the back bone of American small business and all seem very well positioned.After reviewing many P&L's and balance sheets, I see lot's of value but time will tell.I'll either be a hero or a zero with this high risk investment.Wishing you much success and keep the dream alive 

Average new home buying American makes an offer based on contingency, that the underwriters will approve his loan.

$50k / $1300 = 38 months to pay off your loan ... and you get to keep the asset.So many people are financially short-sighted and want immediate gratification, which is why so many Americans live paycheck-to-paycheck.

For example, if a parent co-signs for a child but the child  graduates, gets a job and starts paying the loan that debt can be excluded from the parents DTI as long as there is proof and the payments from the child have been on time. 

people get great joy talking doom and gloom and Armageddon.I’ve been in the RE biz since 1978 and been thru several economic and market cycles.Stagflation in the 70s, 17% home loan rates in the early 1980s, the failure of 1/3 of American Savings and Loans in the early 1990s, the dot com boom the dot com bust, the subprime crisis in 2008, Covid………I’m probably forgetting a few.

If I created a child series to hold an investment property (not collects rents though, just hold), is the corporate veil already pierced since the Parent LLC collected income for my consulting business?

:-) I have always just done American Craftsman (Home Depot) or ThermaStar (Lowe's) depending on which store is closing to my job, but truth be told I would think I could find something at a more contractor/landlord friendly price but haven't done well in locating someone yet.

It totally reminds me of how naive I was to the demands of having a child.

For the last 20 years I’ve used almost exclusively Allstate with about 10% of my properties covered by American Modern.

However, lender policies can vary, and some may prefer an ALTA (American Land Title Association) policy, which offers broader coverage.Impact on Future Sale:Cash Buyer vs.