I have cleaned out eviction units, filed court papers, been threatened by tenants, cleaned ductwork, replaced faucets and power outlets, ceiling fans , woken up at 1am dealing with drunk tenants on the phone etc etc etc.When I confronted him last night he made the statement that "one unit has had no trouble/I've had to spend no time there" which is true --but other units have consumed MORE time so it evens out--as long as I am paid.

Fannie guidelines limit you to 75% LTV, assuming you own four or fewer mortgaged properties.

This stuff seems to be easy to install and fairly cheap to install, thinset and lay, opposed to thinset then laying concrete backerboard, then screwing the backerboard down, which is very time consuming.

"Your credit score ranks higher than 100 percent of U.S. consumers."

The AMT exemption amount has been adjusted (among other changes) so fewer people will be hit by it.9.

Often times lump all settlement fees and prorations into what they call "closing costs".If you're going FHA and the property was not owner occupied (likely not since it's a duplex), the property tax escrow will consume a lot of the money you need to bring to the table.

It's free to use, but can be time consuming.

For incentives, offer a small end-of the-year discount (such as a percentage off a month's rent or partial deposit refund) or appreciation gift (like a gift card or small consumer electronics item such as a radio or phone) for making full and timely deposits of rents due each month during the year.

., fewer than three branches) there's essentially no chance of a typical small investor getting access to deals directly through the asset manager.Banks recognize that they will get the highest price for their properties when the properties are listed publicly, which is why you need to work through the listing agent.In terms of your question, it really depends -- I've purchased REOs for 20% above list price and I've purchased them for 40% below list price, and everywhere in between.

Looking back, I wish I would have bought fewer new cars back in the day, and bought a rental or two instead.