If followed to the letter, is it a safe bet that Bronchick's course will keep the lawsuits away?

If a guy helped me close a deal you can bet I would give them a fair amount of money on that deal or help them in other ways.

FHA is your best bet at 3.5% down with a multi-fam.

If anything, just tell them what number works for you (even if it's one that's lower than what they are asking for), and say you will for sure perform at that number and not play games, then I bet some of them will come back to you on deals. 

You bet!

But if they are savvy money people and they trust you (which I bet the do), then this seems very doable.

This essentially means you need a lot higher income to qualify for properties as a primary residence while as an investment property the pro is that you get to use rental income to offset your mortgage PITIA and you ONLY have to qualify for whatevers left if the calculation results in a negative cashflow number (if its positive it actually requires zero income or it just helps your situation ).So regarding the topic of how DTI affects what you qualify for, yes DTI is the main determinant that will affect your purchasing power so carefully plan your next 5 moves like PBD patrick bet david says but in this context its the next financial strategic moves not PBD's 5 next moves.Let me know if that helps or questions that arise and someone on our team can help shed some light on this often over looked topic further.

Some may have balloons, too.Your best bet is to search for a portfolio lender and go actually have a discussion with the loan officer who approves these loans.

But I'd bet its relatively uncommon.

I have to say that is a sly way to try to get a discount, and I bet you already made a low-ball offer.Joe Gore