If you are on the mortgage, 100% of the loan payment will count towards your DTI ratio making it hard for you to get financing in the future.

So, since this is a ranch that he sells hunts under his LLC, the ranch can count toward being an investment property as well as a primary residence?

@Abdi MuyaDon't count vermont out.

Some, but not most.I guess you could ask to see the display screen of their CRM and show you their contact count. 

PM's have a similar stereotype to landlords...everyone thinks they just sit around counting all the money they are swindling people out of.

https://www.biggerpockets.com/forums/12/topics/1171104-the-m...My two cents is that you can get positive cashflow on good properties in the right markets,... but that you shouldn't be counting on it.

You will usually have a chance to look at the property before putting down a deposit, but don't count on scheduling your own inspection.

It ended up being on the Harris Count Civil Clerks site.

Then they suddenly told me my taxable brokerage account doesn't count as reserves but they won't let me sell and move assets to a checking account because they won't be seasoned for 60 days.  

I didn't count them in inventory when I sold ;) Someday, when I get that $1m listing, I'll bust them out!