You should know it for yourself not just the lender to make sure you are actually going to earn a profit.

Say, 65%, so then you get a borrower who thinks or wants a loan reduced to the same 65% level you paid.

My wife and I do not have children and she works in O&G upstream for an oil major, so most of our earnings go to purchasing houses.

I was on the verge of buying my first home (142k) however my hours have been reduced and now I am a part-time worker.

Dawn Anastasi,You shouldn't have too much of a problem taking those funds out as long as you don't take out the earnings.

All that will reduce your costs bc u are an expert in the area.

This is the lowest risk and fastest way to earn a dollar I know of if you are new.

I honestly would probably change the payment (lower it) and put it out for 4 or 5 years to earn more depreciation just to make sure I could "argue" the market value closer to that lower number at the end.But that's my buyer pool, they typically don't have excess cash.

A stinker, in my book.Now, if you self manage, you will EARN a chunk of that 50% that would normally go to the PM.

If you are cashflowing enough with an I/O over a fully amortized loan, then take that money and earn higher interest than what you are paying.