from ones that don't seem to apply to your chosen niche.

for owner occupied conforming loans it seems the rate difference between 5/1 and 30 yr fixed is ~.75% -1% ( I am talking about no-point no fee)I was thinking the same differential will apply for non-owner occupied.

for owner occupied conforming loans it seems the rate difference between 5/1 and 30 yr fixed is ~.75% -1% ( I am talking about no-point no fee)I was thinking the same differential will apply for non-owner occupied.

Publication 463 clearly states that the 50% limit would apply in the first three cases."

Good luck and if you apply yourself you'll love having your license!

Also keep in mind that rents are rising pretty quickly in the right neighborhoods so that 5% cap will be higher in the future.I've only got limited experience and got very lucky with my first MF purchase thus far (800K for a 4 unit in a very hot neighborhood with a current rentroll of ~$7K that is still about 10% below market) but I think the same advice applies here that would to most places - keep digging and get creative.

Nothing like that was presented in this post so where does it apply?

Never, Never, Never do a lease-purchase in Georgia where any portino of the rent is being applied to the mortgage balance, unless you have an EXTREMELY clear lease "amortization" table which shows that the tenant obtains no equity until the property is paid in full or "refinanced." 

I'm also trying to encourage the tenant to apply for rental assistance through the county.  

I have a couple that is applying to rent my house and they are non-US Citizens.