So I'm wondering if a first time home buyer, with excellent credit, almost no debt and a household income between $120-$140k could get an 80/15/5 or am I stuck with the 80/10/10?

Am I wrong about this?

Do I look like a bad investor, or am I adding $7,200/yr to my income to lower my debt to income ratio?

Am I too goody two shoes for the modern real estate world?

am I missing something here?

Amie, why not try a lease purchase/rent to own solution?

I am looking at a Duplex and made a little spreadsheet. This is my second investment property and i have typically done the simple math and crunched the numbers but I wanted to know if I am missing anything.

3 bedro...

Financed offers must have BAC pre-qual, BAC employees cannot purchase home, Deed restruction language for cash deals transactions The Grantee(s), or purchaser(s), of the Property may not re-sell, record an additional conveyance document, or otherwise transfer title to the Property within 60 days following the Grantor's execution of this Deed.So, am I understanding this correctly?

NOI=$34,152$34,152/10% = $341,520From the local market values I am thinking a good price would be in the $320s.Am I doing any of this right or am I all wet??

Am I correct in understanding that the judgement will show up whenever they apply for a loan or other financing?