They go to military pay and set up an allotment.

There's allot of foreign cash buyers down in FL. right now and you want someone who has them in their network to promote your property, give you feedback, and protect your interests as well as handle inquiries and offers.

OP back, I am going ot look at two properties , side by side, fourplex's rented furnished at 750. a month, 36K income ( so the 50% rule would net me close to 18K )they just dropped to 185K ea. properties built in 77 so i am sure allot needs to be done to these....the main question is why is he / she selling ?

You may have to provide heat but only during the allotted heating schedule for your City/State.

My 2 cents: 1)Invest your time into educating your self but stay away from the late night infomercials and allot of the gurus online. there are alot of honest people here on BP that can assist you along the way.

Hi, it's been awhile since I had to consider CS or maintenance allotments as income, but I belive the rule was that the income must have been paid for at least 12 months and must be expected to continue for more than six months.

I understand 35k would be 350 per month and i alloted another 300 for insurance, taxes, and mgmt cost with a rent of 1150 which i thought would net 500 per month.

We need to take our current gross annual budget and reduce it by 10%-20% or so - start with a blank slate - and reorganize and priortize where to spend that newly allotted budget amount.I think Rich is right and we are amidst a bit of a perfect storm, but I wouldn't call it perfect storm number 2. rather I would liken it to having travelled 2+ years through the storm, we've now reached the eye of the storm, and likely won't make it out the other side on stable ground for another 2+ years.Truth be told, we can remain dominant on the world stage but will no longer be the lone "superpower" we once were.

I realize now I forgot to put in the income of $1900 for coin op laundry and I also have allotted for vacancy .

They give substantial weight when applying for the bridge financing to complete the deal.LIHTC's aren't the only tax credit's available- Although not advertised or announced to the public, most every municipality has an allotment of tax credits to distribute for many different reasons.