But it does appear this is a pretty solid rule, whenever anyone has offered up any significant amount of data.Not the debt service, the P&I part of your payment, is NOT included in the 50%.

If not, then focus on stockpiling your cash while remedying the obstacle to your ability to qualify for a loan (reduce debt, credit score, etc) and/or find a partner to work with who also has cash or who can qualify for that loan.Fifth, just seek seller financing or take over someones payments to buy something.

My doubts have been eliminated but I will surely research more about the VA to get my Flip strategy going.

Takers have something to give but simply don't have any sense of philanthropy-trade-service-debt to others.

Since I assume you aren't in the business, have them go thru a loan officer to pull credit to see how long it will take for finance and of course look at debt to income.

In the real world, zero debt is an asymptotic case -- one penny of debt is infinitely more risky than no debt.

Hi all,I've dug a hole for myself with credit card and peer-to-peer debt the past few years and am hoping a cash-out refinance will help me pay off these high interest money suckers.I bought a house with an owner occupant loan five years ago, and lived there while renting out bedrooms to roommates.

Often the owner has no idea that they signed something that eliminated the MLS listing, or that they agreed to a dual listing agreement.

Rising rates only affects those who strongly depend on debt.

I'm not sure if this is really a debt since it's money I've taken out of my savings and promised to put back in.Thanks,Billy