Single family rentals work, but a low DTI ratio will make it harder to get loans.

I noticed your current rent of $930 is low for the $1,180 Westchester allows for S8 housing.

Property is on the low end valued at around $650k with frontage on main freeway, high growth area.

It appears they have only completed a handful of these homes, which are notable for their amazing low cost ($54k~ show in the permits, they appear to sell for them for $68k).

Forget the gun, chances of actually drawing and hitting target is extremely low.

We have both of our cars paid off as well and keep monthly payments uber low on everything from groceries to insurance.      

I was talking to a loan broker telling him my situation but he says that most people don’t like to wait and could work with scores as low as 500 but I couldn’t imagine how it would work with the interest rates.

Pretty soon if this keeps up I’ll be in the low 600s.

The pros for the early refi are locking in the rate while rates are low and property value is high.

I do see this having a cascading effect in the surrounding areas for employees willing to live in Williamsburg, Astoria, Manhattan for the lifestyle.