Both my wife and I have credit scores in the high 780's so that should not be a factor.Our home is worth $230k+ and the rental is $170k+ again, free and clear of any loans.I really want a fixer upper to keep me busy, but my wife also wants instant oatmeal, so homes ready to be moved into.I'm just looking ten years down the road when I no longer have that $2687 coming in each month, and know 1k per month won't cut it.

The best part is, I'll instantly get a paycheck on my next purchase, or can have it go towards my down payment.

I personally lean more towards new construction since I can build for cost and have instant equity.

In my market I'd be able to tell if that's legit instantly but here I can only say that based on surface research and without getting in the units that seems pretty reasonable.

A good idea now is to set up some Keyword Alerts for terms like "Wholesaling" "Wholesale" "Birddog" and "Bird Dog" so you'll be instantly notified whenever those topics are discussed in the forums - and you can jump in and learn about those topics in real-time.

It gives you instant equity which you then pull out when you refinance and you pay back your initial lender.

(Specific, Measurable, Attainable, Realistic, Time-bound)Having SMART goals will give you a roadmap to where you want to be, provide instant feedback on progress, and allow you to measure and project your future to design the lifestyle of your choice. 

They won't accept your F&C home as collateral (portfolio/private lenders often will) but are rather looking for cash, 401k's, CD's etc. as they want things you can use pretty much instantly to pay the mortgage payment if you run into cash flow problems.

Hi Account Closed - If you have consent from the applicant (online or paper), you can directly order the credit and criminal reports on them and have the results instant.  

It's amazing to be able to get instant feedback on something that's been bugging me for days.